I'm sure they are looking at all of it, personally I believe they will go private whether that happens before or after being sold is unknown.
Stock repurchase isn't available, they deregistered all unsold shares, so no longer needed to buy these back. Companies buy back shares at market prices, but since no one is selling that won't happen, unless in conjunction with privatization or bankruptcy.
You can compare TEVE to ETCC another majority owned stock by mr lenfest one that actualy has decent revenue yet liquidity is the same, non existant. PPS will not rise, TEVE in business over 15 years, ETCC over 40. Results are the same. Without profit, how do you really expect this company to move forward. The privatization may even include a restructuring bankruptcy, an option you did not mention. No funds to pay the interest on 5 million dollars of preferred shares leads to bankruptcy.
Going private includes the forced repurchasing of all shares, and since Mr Lenfest owns the majority it is his decision alone. Value of those shares are subjective as what is the true value of this company, all depends on contracts still in existence and real property. If the company is sold, it will be piece by piece, someone may want the hardware piece, but who would take the PEG division? Always a losing proposition.
And as one keeps trying to infer that subscribers to a supported company may equal more revenue is like saying the person who sells Mcdonalds their french fry fryers get's paid by the customer. Does not make sense.
Without financing, the best that can happen is the company is sold to another who has plenty of capital to keep the company going;yet with its past track record, in a very competitive market, in a company losing millions, I don't see that happening. Wishful thinking and hope are not good investment strategies. Of course you now must rely on those more than ever because of the company going dark.
Problem is also that all unsold shares are now deregistered and gone, how many were there?? So who will buy and who will sell? Theere is no longer any chance of liquidity, thus no trades, thus even if pps rose for some reason you'd be hard pressed to unload your shares. Only 244 shareholders of record. Good luck on unloading what you have, much less getting anything back. Yes you say no one is selling, which means no one is buying which means stagnation forever. That's not an investment.
The article previously posted about going dark was good research, yet 90 percent negative for companies going dark.
