Landbarron, I received the same info from management on the merger that you did. I will call my brokerage firm today to see if they have any details. Why there is no public press release or even private shareholder letter conveying the details, is a mystery to me.
As for trying to place a potential value on this deal, it would be pure speculation.
My brokerage site shows at current prices, PDEP has a $2 million market cap.
You would have to think that their patent portfolio is worth many times that amount.
At .15 a share, it would be a $10 million deal, which would be peanuts considering their technology.
Who knows.
Please contact me if you get any info at all. I will do the same.
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