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Re: (SHUNNED) post# 73168

Tuesday, 03/24/2020 8:28:06 PM

Tuesday, March 24, 2020 8:28:06 PM

Post# of 200689
I do believe in some cases you have an options in a buyout. You can take the cash, but you may have the option of taking stock in the acquiring company. If you take the stock, I don't believe you have a capital gain until you sell that stock, your broker would establish the price and time you held for long or short term considerations based on when you purchased the original stock.

As far as the price we might see in a buyout, it would be based on the price before it was announced. If a contract with the U.K. took us to dollars, it might be double the price at that time. Of course the best possibility would be 2 or more companies who'd like to buy, no telling how high a bidding war could drive the price to.

It's my belief that in time this company certainly has the potential to have a market cap in the billions. How many shares will be outstanding then, hard to know for certain, but let's say it won't exceed one billion. Could the market cap reach double digit billions, sure, triple digit, doubtful.

Gary