No updates - I read in the Increasive sec filing, neither side can say anything about the settlement for the later of 180 days or until Increasive is no longer a shareholder. 180 days would put it around October 12th.
I am putting together a proposal to buy the entire company. It's currently valued at less than $1m. I own close to 5% already. I know some people, we can come up with enough to buy the whole thing. If nothing else, we will be able to do our due diligence in determining purchase price and see what's under the cover and kick the tires.
Hell, I'm tempted to see if the Rockethub guys want to buy their company back. Three of the four have left the company and are doing other things. If they truly got $15 million for their company, they could buy it back plus Efactor for a fraction of that.
If you want to see the proposal, let me know your email address. I don't want to make it public on here.
