Mikros Systems Corp. (fka MKRS)

[Pat]

Again, it's difficult for me to comprehend how it could be a bluff when they are quite candid about essentially putting in place "insurance policies" that will prevent the math from working for anyone who attempts to gain control. They're not the least bit timid about letting everyone know. I suspect that they may have put those paragraphs in the report to discourage anyone from even thinking about launching a coup so they don't have to incur otherwise avoidable legal expenses.

I don't pretend to understand all of the intricacies of takeovers, hostile or otherwise, but it sure seems like they've recognized the need to protect their gravy train from anyone who might contemplate such a move. Their situation is too lucrative to risk sharing the golden calf with anyone outside the circle. As I've suggested before, shareholders are little more than pesky but harmless gnats in their world.

Time will tell how this plays out but I'm not particularly optimistic that much is going to change in the foreseeable future …. and even beyond. It's good to be a Mikros Systems insider! I'd love to be wrong.


Pat