Looking is much different than will happen. Musick officially announced in 2015 that he was looking to be acquired or merge with another company, and 3.5 years later his ultimate plan hasn't changed. What has changed is revenue growth, expansion, and more interest in the company. This has driven the pps 3-4 fold.
Back in late 2015/2016 the general consensus and most logical buyout price was ~0.25 for VODG, shareholders, and the acquiring company. As things changed though and people realized there might be more here than just great research, the pps has increased and a 0.25 buyout currently doesn't make sense. A 0.50 buyout does make sense if it were to occur right now, and maybe it also makes sense 22 months from now if the revenue stream and interest flat-lines. In order for a buyout to occur, another company actually needs to be interested and based on the last few years, the fact is nobody has wanted to take the ~6m dollar risk. However, with expansion of the company, this should help attract one.
Overall, the future is still a big "who knows". They could continue to expand at the current pace and proceed with same acquisition plan. Or they could see a drop in interest/revenue, and continue the same story of years past. Or they could see revenue and interest increase much more than they're expecting, which should drive the pps higher and therefore increase the buyout price. Or forgo being acquired all together.
AI
