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Tuesday, December 05, 2017 11:30:02 AM
it means that somebody who sees the potential and understands Odidi's inability to deliver could try to get in control.
I am not thinking of a takeover, but taking control of the BoD and offering Odidi a life lab profession, nothing else...take it or leave it.
If patents along with technology stay with the company, then this furtherly proves how the man doesn't really get it: he could loose company control for a small fraction of the money ipci was valued just 6 months ago.
This is a possibility that becomes the more concrete the more they keep on ignoring markets forces.
The activist scenario (just like something the happens from time to time):
- wash short the stock
- accumulate while in the process
- get voting control
- get rid of Odidis management
- if necessary reverse split for NASDAQ compliance
- partener/sell the assets
- walk away rich
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