Could be they are handing the reigns over. That could explain letting LT go and an auditor that really put them through the ringer. If it happens I am sure it will be for a very good sum of money. Next question would be if it is an all cash transaction meaning shareholders are completely out at that point or a stock transaction. If that happens then who would the new company be and what kind of shares would we have if we decided to hold. I don't think any of us would be disappointed with either scenario. Of course licensing of the patent is another option and again that could prove very lucrative for shareholders. I guess we find out soon.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.