Think about the realistic ability for a buyout.
Example: FLES (Tim) decides he wants to do buyout. He would HAVE to meet deadlines. He would have to have his reporting done in a timely manner. No respectable company will buyout another company with financials in such shams that the company takes and additional 2mos +++ to release them. Seriously, I do not mean any disrespect to you, but the idea that they may have a buyout is just idiotic.
For this to get to $20 a share, that boat has come and gone. I agree, it could have been $20 a share and it should have been close to that. However, the BS they pulled and the way they are running the company, I do not believe we see $1-2 share ever again. I agree with you also, if they had released 10K and the numbers were good (which I still doubt they hit 9M) the stock would have easily jumped from the $2 to the $7-10 range easily, higher on shareholder sentiment. At that point, they would have done themselves justice and announced a small amount of dilution to cover debts, restructuring, and some operational expenses. Shareholders would not have complained - they made a bundle of money already. And I mentioned this earlier, if they did it right, dilution would have been less, SP would be high, and shareholders would be happy. That is a recipe for success there.
I do realize that WE are on different opinions here, I do respect your opinion, but I have a really hard time believing any company would be interested in a buyout. That is complete speculation and nothing indicates such a speculation. If there was any evidence to see such a speculation I would concede my point. However, late filings, dilution, and secrecy and quiet all speak to the opposite of buyout.
