bfiest, I agree the 24 months from sustainable profitability could be conservative. In view of the horrible investor experience owning their shares, I think this is a sound choice.
I agree the current share price has great potential to move up. Sadly I don't think it will happen over night. Could take a few quarters of good Avid numbers.
If the research efforts bear strong results, maybe we can still get that partnership many have waited for. Clearly Peregrine management has abandoned the "go it alone" approach. I had no problem with that approach before the Great Sunrise Halt. No longer possible under the new reality.
Would be nice if PPHM could hang onto the 50 cent level.
GLTA, Paul