Our Deal with LPC wasn’t up for 6 months, IMO a reasonable person would conclude that EM wanted too much dough, by that I mean too many shares, more of a percentage of the company than our mgmt. thought it was worth. IMO while EM was working with our material on a modulator, IMO they would not have been motivated to give it a full 100% because in doing so they would shoot themselves in the foot by increasing our value thereby decreasing the percentage that they would receive should any future merger happen. Tom Z looked and found someone to take their spot (Colorado + LPC). So now we will be trading (at the maximum) 20 Million shares over 30 months for $20 Million dollars and a minimum of 4 million shares, as it looks like things are now moving forward in a logical progression I'd guess that we'll average 2 Bucks or 10 Million shares (Plus the 600k in juice todays value about $.5M) . We currently have about a year’s worth of cash JM, Z and company know what they are working on and how that will affect the share price so I don’t think that they are in a big hurry to tap this capital the first weeks that we move back to a buck, but EM may be motivated to sell a few in the dollar area (not sorting, just selling). Also remember the 12 day look back close rule so more than likely twice a week there will be cheap shares at the end of the day for the foreseeable future. Oh and if I were a betting man I’d say that Good Ol Fred Leonberger is having a few casual conversations with a few possible partners so this may just be the backup plan, in which case EM would want the share price to move up fast back to the dollar level . None Of This is Based On Any Facts, Just My Thoughts. If this doesn’t move up too fast, over the next few weeks I'll put my money where my mouth is and snag a few more shares to take advantage of the cheap prices from investors that have simply lost faith, this price is simply too tempting, IMO a quick double should be in the future.
On a side note did you see that new 1,000,000 square foot NSA data center, should Terry be successful in his effort to build even a moderately successful SLM I think that I might know someone that may be interested and they have 3 letters in their name.
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