Well, another way I look at this pps scenario is
Dune management had better of called every oil and gas company
they could of, left no stone unturned. They needed to create an ebay
type bidding frenzy to save their hide.
By walking away from a sure sale at .18 cents a share, they have left themselves
wide open for a shareholder lawsuit. Also, they passed on two better funded companies
for EOS and a golden parachute. It is in their best interest to have created enough
Bidder interest to get all parties in the money or they will be in another court proceeding
soon.
Jmho
TS