<<Unlike rkrw, I count an acquisition for pennies a share as part of the “going out of business” outcome>>>
Unlike you and Bob, a merger for pennies hadn't crossed my mind. Why would anyone want to buy them?
You asked for odds they'd still be around a year from now, I still expect they'll raise money and stick around. Even bpur raised $7M a couple of months ago. Give them good enough risk free returns and there's money out there.