Protagenic Therapeutics Inc. (PTIX)

[GGCS]

:) My attempt at sanity:


I don't think the company is going dark for sinister dilution/insider trading reasons IMO.

It's either a merger/buyout or they plan to stay dark indefinitely to save money and manhours.

After reading more about it, it seems that going dark can be a "cheap" version of going private... no need to buy back shares. It was a viable option since there were already less than 300 institutional shareholders. Clearing out all the junk assets helped them qualify as well, I think, in addition to paying off debt.


So I believe it's either short term gain at $1+ very soon or long term gain of $1+ a year or two from now.

If I don't hear anything at the end of the 10 day period, I will assume they are taking a long term approach and merely saw SEC filings as more fat to trim (as they had mentioned in their recent filings).

After seeing all the DD, this company has way too much going for it for them to just throw it all away.

Plus, I don't think the insiders want to demolish their own shares by going BK or reissuing as a new entity. These insiders already have plenty of money, yes, and could afford losing it... but... they can also afford a long term approach and wait for the pps to increase once they are profitable and can resume SEC filings.


But yes, like everyone else, I WANT IT NAO!!!! :D