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Re: letitride168 post# 185382

Wednesday, 03/25/2020 4:41:52 PM

Wednesday, March 25, 2020 4:41:52 PM

Post# of 203913
My two cents: Even if it's a very low-ball offer, and we somehow find out about it, it would make the stock soar big time, because a low-ball offer would still be more than current 5 million market cap, and would mean their intent is to do something with the IP (skin cream patent). But I don't think any real offer would be made, at least not solid enough to announce publicly, until the cream patent is in hand by the company, and maybe even not until the MM patent receives allowance. But no matter how I look at it, I think out of all the things that can happen, any announcement will make the stock fly with 2 exceptions: 1) A new vote for a R/S made by the new CEO. This would mean there's probably no buyout or JV in the works and he plans to seek funding to continue operations. 2) No R/S but more toxic funding as a last resort to keep the business going.

Let's hope they don't have to R/S or dilute the stock more - I believe those are really the only 2 possibilities that can take us down and anything that makes either of these unlikely means we will see significant recovery toward .15 and hold a lot of those gains.