Replies to post #81062 on Protagenic Therapeutics Inc. (PTIX)

[Hector Android]

Isnt there a third party that is involved to make sure we dont get a decent price!

[NikolaiKozlov]

I'm inclined to believe that the people who run ATRN have a better idea of how much ATRN is really worth, than anyone here on IHUB.
A former big board company, in one of the hottest sectors in today's market, being bought out on a steady V-shaped recovery, COME ON GUYS! They won't accept that low-ball crap! I think $1 is way more likely than people are thinking. I know we're all anxious, but do we really need to be changing our underwear ever 5 minutes. I swear, children.

[trader guy]

That's about what they paid for them. Actually less than that. Since there are now 100M shares outstanding and the note holders got 92M of them but were only able to sell the 8M that were registered (who knows when they sold them or what they got for them of if they sold them). That means that the $5.8M notes debt divided by 92M shares comes to about .06. If they sold the 8M registered shares it would be less than that, maybe even zero.

In light of that fact, they can take them private, avoid all the BS that comes with staying public, grow the business, reap the profits, and maybe someday down the road sell it or R/M and go public again so they can sell all the shares they got for nothing or almost nothing. In the mean time the stock stops trading and becomes illiquid and anyone holding shares is stuck with waiting to see if they ever go public again or try to sell to someone else for a privately negotiated price.

That's my take.

[taiwan1]

are you sale now ?/