Roon…..think about it…the “delisting” event is like going private (i.e. no public market for stock ), only nobody gets paid…if we get by the February/March timeframe and there is no announcement of a capital restructuring (as in reverse split), Denner’s going private $1.30 bid will look like a gift..it’s credible (he’s got the cash) and represents HUGE premium to the market (assuming stock trades .50/.60 range)…no lawsuits, only pat on the back…..no Board of Directors on this planet would deny taking an all cash, 100% premium to market offer to the shareholders …having said that, it’s an entirely different discussion about how shareholder vote would go….nobody wants delisting, not Denner, not shareholders….
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