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Re: TechKim post# 2476

Tuesday, 08/23/2016 7:31:33 PM

Tuesday, August 23, 2016 7:31:33 PM

Post# of 3052
Its always been Pickens intent to sell any and all of the subsidiaries...that's what ASTC is, a holding company...like a pawn shop for businesses...he's said as much during investment conferences. and given the fact that they (astc) got rid of pretty much all of their sales/marketing and program development folks, and a load of engineers, plus took down all the job ads gives me the impression they are starting to shrink wrap this baby for sale, probably to Smiths Detection...real question is when and for how much..."close" could mean another 6 months to a year with these types of transactions but its much sooner than 2021...
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