Protagenic Therapeutics Inc. (PTIX)

[Nathan_J]

Hey chade, I got the 52% based on the discussion a few members were having on this board earlier. I believe yourself and smoke em were discussing it.

Of course no one really knows but based on the theory that BD will make the calls since they do have voting rights, I don't think they would screw us shareholders in an obvious drastic way, but I wouldn't be surprised if they reduced the sp as low as possible and unnoticed (hence the slow bleed) such that any premium they would pay us would not equate to too much.

If they were to announce it tomorrow and based on the 52% premium as per orchard, we would be getting 0.26, that's really low considering we were in the 30's. My guess is that they knew we were onto them in terms of the merger/buyout and would rally the price upwards, that would've cost them a lot more to pay us off, hence the slow downtrend.

But like I said, we will never know for sure and can only theorize or speculate, so I guess I'm just talking smack. :)