I would definitely prefer to stay in the ETD business. The current financing is what is holding the stock down, as while they are getting a lot of revenue it is going toward paying the debt and not back into product development, etc. McGann said that on the conference call in early August. I think the stock would react very favorably to some form of alternate financing, if PP could be gotten out of the picture and the dilution wasn't huge (no 8 cent or 19 cent stock options, etc. ). The question is if the debt to PP was paid off, would PP be able to convert first or just be made to take all the debt in cash.
However, they seemed to have been expecting to win this TSA contract, and were waiting on it to get a better sale price, so I don't think they are going to seek alternative financing. They seem to be pretty set on selling the ETD business. I hope now at least they can get a fair price for it and far more than what we would have gotten for it before the TSA contract award.
