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Re: billpr post# 38519

Wednesday, 06/15/2016 6:46:24 PM

Wednesday, June 15, 2016 6:46:24 PM

Post# of 53798
If only we all knew that ahead of time. Should be out in late July but I don't think they have given a date.

My guesses, in order of most likely to least likely in my warped brain:

1. 1 for 10 reverse split, uplist to OTC.
2. Effort by Ferris and co. to take company private at 40cents.
3. Vote on cash+stock buyout by Taser or someone else at 50cents.
4. Significant open market stock buyback/retirement of shares to take sharecount down by 25%. Perhaps done via a tender offer of 25cents or so.
5. Some combination of the above.

I wouldn't be so optimistic except for Ferris' use of the word increased "liquidity" on 2 different occasions. Shareholder value has also been mentioned a couple times in the last 6 or 9 months. And why did they move the meeting from early May to mid-Sept?

While #2 or #3 would feel good short term, I really am hoping for either #1 and/or #4 (even if it means taking on some debt). They generate enough cash to retire any debt rather quickly.
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