ARGS With $1.9/share cash, company looking for Reverse Merger or to be acquired. beaten down hard but currently having huge upside from current pps:
This is from the May15, 2018 10Q:
Based on a review of the status of its internal programs, resources and capabilities, the Company is exploring a wide range of strategic alternatives that may include a potential merger or sale of the Company, among other potential alternatives. The Company has retained Stifel, Nicolaus & Company, Incorporated (“Stifel”) to serve as its financial advisor in the process. There can be no assurance that the Company will be able to enter into such a transaction or transactions on a timely basis, on terms that are favorable to the Company, or at all.
