Investors are at fault for some of the losses they took years ago - including myself. The company was so early in revenue that an investment was unwise at the time. The company was operating well in regards to revenue and customer recognition but failed to control expenses and appropriate corporate governance. Now they are intentionally reduced revenue which has dug a hole and they need to execute perfectly to survive independently. I agree the company is advertising themselves for sale. Drexler wants to dump the company. I don’t know that it will happen because I think 85 cents is the top end of a buyout right now. Maybe in a couple quarters with more expense cuts and leveling off revenues we might get $1.15 - 1.35. I think a $3.00 target is so far off from value right now.
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