There is always some risk of the deal not going through built into the price. ECIL, which was a reputable company on the NASDAQ, had a buyout of $10 a share approved by it's board in July. In August the share price went as low as $8.90, and was at $9.50 the day before shareholders approved it (September 28th). Once it was approved, the stock shot up to almost $10, and then the next trading day it was removed from the NASDAQ, and the deal was completed for $10.
DMTN is a pink sheet company. There is a lot more risk built into the price than there would be for a company on the NASDAQ.
I think as it gets closer to the shareholder vote, the stock will rise significantly. The CEO going out of his way to assure shareholders that the deal is for real, like he did yesterday, will also help.
GLTY
Bench
