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5under

10/21/19 9:57 PM

#99153 RE: Honeycomb777 #99147

HC, big companies don’t swoop in and do anything, Big companies move slowly and do due diligence. Venture guys swoop in and take advantage of distressed companies, but they too would do due diligence. Your swoop in scenario IMO is not in the cards. The only assets on the balance sheet of Titan are IP and a supposed hardware freeze. All of these things are hard to value and you would need expertise and at least 200mm or more to get this to market.

FISH21049

10/22/19 2:02 PM

#99174 RE: Honeycomb777 #99147

WHY DON'T THEY JUST 'SCOOP UP' ALL THE SHARES THEY CAN AT THE CURRENT SELLING PRICE, KEEPING IT BELOW THE REPORTING THRESHOLD OF MAJOR OWNERSHIP.

THEN, MAKE A SECOND PUSH TO ACQUIRE ALL THE SHARES THEY COULD AT THE THEN NEW SELLING PRICE WHICH IMO WOULD BE BELOW #0.50.

ONCE THIS IS ACCOMPLISHED, THEY CAN OFFER TO BUY THE REMAINING SHARES OR MAKE A BUYOUT OFFER OF $1.00 TO TAKE THIS COMPANY.

HELL, A GROUP OF SUCCESSFUL INSIDERS FROM ONE COMPANY CAN LITERALLY BUY THIS COMPANY ON THE CHEAP (IF THEY SEE SNY VALUE TO IT, ALBEIT 5 HEARS DOWN THE ROAD.

JMO