"I would never take 5.50."
You say that as if you think you are actually going to get a choice. Yes, there will be FOR/AGAINST form and you will get to check a box AGAINST but Stafford has more then enough votes with his parked Sheehe shares, Tappan shares, his and Little Stevie White's sub having to report shares, to sell this company at any price he likes which probably isn't even $5.50. The BOD will approve it, all the people hiding under rocks, like King, will re-emerge and find new jobs and the scam that the bio pharmaceutical industry is will go on forever and ever.
End of story!