You really think there's going to be another company coming in with a better offer, after iLinc has accepted BroadSoft's offer? It's not impossible but it seems to me that the chances of that occurring are vanishingly small. They signed the definitive agreement, so the BroadSoft deal would first have to fall through even to give anyone else a chance, and this tiny company would be an unlikely object of a bidding war. I think the bidders you see at .05 are just traders looking for a technical bounce, but some people who understand the company's financial situation may feel confident that the payment out of the escrow will ultimately exceed .01.
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