Good assessment, and I agree that if the shareholders are included in the deal (which we should be), then it will be life changing for some.
But I am still cautiously waiting for the turn-out, as I will mentally need to be prepared if the worst case scenario does happen. However, I am a gambler and card player, and I usually know a good bet when I see one (which was back in June).
My expectations are a buy-out between .10 - .25, conservatively. I think a dollar would be a little out there, but I would not be complaining. Perhaps if this deal closed back in July, at which time a dollar was easily envisioned. But one thing keeps gnawing at me. And that is, if there was an extension for some things to be settled up correctly, was that due to a bidder war? And did the judge tell the buyer/s to go back to the drawing board and come back with an offer favorable to the shareholders? Although I can neither confirm or deny any of this. Just a feeling something is up and we will be good here. My bets are on a strategic buyer and not a liquidator.
Hope we get PAID!
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