I would be shocked if TAUG had two M&A candidates to choose from. The only type of potential candidate that I can think of would be a small company looking to go public and willing to give up 10-15% of the surviving entity in return for a slug of leftover TAUG cash. Johnny_C turned that deal down from DECN and they had $2.5 million of their own in the bank and wanted to give Seth the lawsuit as a going away present. That was 18 months ago. My how time flys. In addition there are at least two potential shareholder suits swirling around where calls have already been made to potential Plaintiffs. That's the last thing an up and coming company wants or needs.
Finally, I cannot see any established private company looking to reverse merge into TAUG. Most established companies looking to go public would hire an investment banker and accomplish an IPO, or file a Form 10 if this established company had a wad of cash on their balance sheet, or.... or.... if their hired investment banker was gripped by insanity, they could always find a clean shell to merge with.
Finally, since the topic du jour is M&A, what happened to that miracle worker from Pfizer?
