"...a letter of intent to acquire a small, independent South Louisiana-based specialty food manufacturer with distribution in approximately 100 grocery stores..."
a definite agreement will likely be signed if both side's due diligence warrants it. Until then, some value may be given to the share price and, imo, today's average of .25 seems ok.
Only the final decisions will count... one way or the other.
Meanwhile, I did buy in...
g.p.
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