The OS is under 7 million shares - what exactly would a RS right here do other than giving shareholders a better reason to sue the hell out of the company here?
I look for a purchase offer for around $8/share as that's a decent bonus from current prices and a lot of the OS has turned over under $3/share. There isn't that much debt here (at least as of now) and at $8/share you're looking at around $200-250 mil cost for everything. EVEN just finishing the games the company currently has under way (probably $200 million cost) they could easily make well more than $500 mil with just catalog and what's under production (and some of it close to finish).
Just so long as management doesn't blow it for us all by fighting against any purchase offers for their own benefit and continue taking the company down the toilet (borrowing/spending tons of cash) just to keep anyone from being interested! They should have put the company up for sale 6 months ago
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