Well, if an acquirer really wants the I.P. they may be willing to pay a premium to obtain it. With the share structure at ~42 million O/S and cash of $3.5 million the value of the company is worth minimally the $3.5 million/.083 cents per share, plus patents and I.P. The stock traded around 20 cents for months prior to delisting from the NYSE so that is what the market had valued the company....about $8.4+ million.
I certainly wouldn't spit at 20 cents per share, :-D
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