Less than 10 million shares outstanding, and an insider by the name of Wong now takes control of 45% of the company, yeah, I think we can see double digits sooner rather than later. I think they’re finally doing what they needed to do for a long time, sell something.
Wong isn’t ponying up his money for no reason, he knows what the potential is, he’s not stupid.
Consider this-APPLE bought Authentec for its fingerprint tech for $350 million!! Given that they have had to scrap it for facial rec in their new phone, the increasing value of BIO-key's enterprise end to end fingerprint solution, FBI, and expanding hardware base, I would think $100 million is bargain basement for any buyout value.......... $10 per share MINIMUM
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