Well, other than your insistence that any statement you don't like is "semantics", I can't find much to disagree with in your post. When you say, "leave them be. It they want to bet on that then that is their business", that is, of course, not the whole story. There are many people here who don't just want to place a bet themselves. They want to talk others into placing a bet, and I will not let that go. (You have never done that, to the best of my recollection.)
We've already talked about the merger/buyout thing. I don't see any reason for it to happen, since Titan has virtually nothing to sell, but stranger things have happened. And Titan is definitely not a shell, let alone a clean one, so I think its value in that regard is nil. The only thing I've been able to come up with as an asset, properly off the books, is the iist of shareholders. That might be worth something, if there is enough information about them available, but I discount it for the following reasons:
1) I assume the person who might most like to have it, and who could make the most use of it, already has a copy, if he wanted one.
2) The current list can't be too extensive. The company attested, rightly or wrongly, to having fewer than 500 shareholders when the stock was deregistered. I believe 295 was the estimated number of shareholders.
I agree that this is probably a tax write-off, and if I owned a few shares right now, I doubt I'd be selling either, although I'd have a sell order made up and handy.
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