Protagenic Therapeutics Inc. (PTIX)

[Slyder75]

Perhaps this was a package deal being negotiated with none other than Facebook, and, the cost was too high for FB, considering litigation is going to hammer them.

So...

ATRN and MOTR decide they can join forces, develop a phone for Facebook, have them use it, increase revenues and plop this sucker down on their laps and say:

We just created $2B in revenues for you, for which we make commissions (substantial BTW). Now you can buy the package deal...at a higher price.

Problem...

ATRN goes private, MOTR gets all the love, and we get a nominal value for our shares...which $.72 is nominal if you ask me!

And I can tell you this...the whole FB debacle blew up in their face, and they may be saving $$$ for a long fight. If they violated any law, even if there is an allegation of self dealing a law breaking, D&O Insurers will exercise their exclusions, in which case, FB needs all the cash they can get!

http://www.propertycasualty360.com/2012/05/29/facebook-gives-insurers-do-jitters-on-future-ipos?t=es-specialty-business&utm_source=PC360DailyeNews&utm_medium=eNL&utm_campaign=PC360_eNLs