Smart "Boardies" Are Triangulating... Everyone's Right
(1) Deal WILL Close
(2) If the numbers are $100M+ (as promised) and shares are under 300M, the stock WILL be much higher
(3) There WILL be sellers taking profit
(4) The combined company WILL grow organically and justify higher multiples of an increasing revenue number
(5) The company MIGHT need to RS to get to $5 / share, but when (1) - (4) have their collective impact, we might only be looking at a 1 for 2 RS (we could already be at $2.50 / share)
(6) However we get to the NASD and / or whatever final terms are being wrangled over right now, we can rest assured that the new executive management team has shareholder's best interest in mind and the LONG TERM interests of the company -- remember Dale's already "helped" a few of these in the past only to sit on the sidelines! This time, he gets to be IN THE GAME
Unknowns:
(1) EXACT date of deal closing
(2) EXACT revenue numbers and / or shares outstanding
(3) How many people will be happy with ONLY 100% profits and be racing to the exits every time we gap up on high volume days
(4) Size and growth rate of sales pipeline -- when will be be at $200M / year (for example)
Plug in ultra-conservative (low) numbers and see if you don't still come out with valuations ABOVE $0.25 / share... eh?
My $0.02 worth