Just speculating, why, the "unknown" of the settlement and we have many more licenses coming down the pipe. At a pps of 50 cents, this is way undervalued.
If you looked forward, say 2 years, what do you think this would worth then?. I was really speculating that they would acquire a company, not really thinking they would be acquired but either way, looks good to me.
How many other companies are holding a big wad of cash, has a lot of future revenue potential with little outgoing expenses to generate this $$$, this is a CASH COW.
I would be very happy with $3+pps (what?, a buck more than the all time high of $2+ and what did they have at that time?) for a buyout, however, if they held true to their word that subsequent licensee's would not get a deal for waiting, Cha Ching!!