Mikros Systems Corp. (fka MKRS)

[Pat]

Perhaps a poorly chosen word on my part … "content" may be a better word than "happy". It just doesn't "feel" like the goals/priorities of the company and shareholders are in sync. Would they prefer that things improve? Of course. For the shareholders' sake? Probably not as high on their list of reasons as we'd hope it to be. I don't believe they are "anti"-shareholder. I just don't believe they think about us as much as perhaps they should as a public company. Insiders aren't rushing to buy additional shares for the same reason that few others are. That's understandable to me. All investors like to see share price appreciation in return for their risk. Insiders can see that this hasn't been the case as well as we can.

I've suspected for some time that they would prefer to take it private so that they could dispose of the additional administrative burdens associated with being a public company. Do they reluctantly remain public due to some esoteric legal or regulatory issues involving DoD/Federal contracting? Is there a small business contracting advantage to being public vs private due to the nature of their work? I don't know.

We'll see what happens. As to a fair price to take it private? I don't have a clue. I don't have to be made happy. I'd settle for a feeling of "contentment". <G>

Pat