Agree ezey, the potential is certainly there for someone to pick IGXT up for a song. Zerbe et al have so mismanaged communications over the last 4-6 weeks that no one knows what the hell is going on. The result being most investors seem paralyzed - not knowing whether to buy, sell or hold.
Edgemont announcement was about as minor league as it gets, then they offer guidance via their updated company PDF presentation - and the guidance was pathetically low. Give me a sales guy selling port-a-potty's and I can get double the sales in 2013 that they are projecting for 2014.
Someone comes and offers $2 a share, this is a done deal - and Zerbe sees all his work over the last 10 years sold out from under him. Unless as murdockkills pointed out in a previous post, this is all a plan by Zerbe to buy it out on the cheap. Don't think so though, that would mean all the Keystone Cop communications over the last month or so were planned. He's smart, but seems more techie smart than grand master chess smart.
Sad part would be if some drug company takes it over and uses only part of it. Happens all the time, or sometimes they just buy things to get a competing technology off the market - and it gets stuffed down in the basement forever.
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