either way, APDN or a buyout, we'll still win as investors. But I don't feel a buyout will be approved by shareholders. The company is NOT in dire straits these days.
It wouldnt surprise me if several big name corps are looking at APDN right now.
They are trying to determine how much revenue this government "contract" could generate and weighing it with the mkt value of APDN.
What are the margins?..lots of variables that the bean counters need to know IF they were to consider an offer.
I also wonder if this mandate/contract is transferable? Would a new entity need to get approval from D.O.D? For that reason I think companies that already do business with the govt could be potential bidders.
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