Replies to post #1114 on VLNC: Valence Technology, Inc.(fka VLNCQ)

[finbar99]

To not be SOL, VLNCQ shareholders need for two things to be true - 1) they need the company to be available for sale (because Berg could pretty easily take it private if he wants to, and given the capital structure, he would wind up with 100% of the equity via his debt position) and 2) they need a good offer (Berg ain't gonna sell it for peanuts because he doesn't need to). I honestly think both criteria are in play. If it wasn't available for sale, this case would have been over months ago, and I think there are compelling reasons for Berg to move the IP higher up the food chain at this point. On the buyer side, JCI really tipped their hand at the A123 auction - they pretty obviously need some IP - they not only doubled their original bid at auction, but they also got caught scurrying all over DC trying to block the winning bid after the fact. Those observations are not a guarantee of anything getting done at the end of the day - but given the risk/reward at the current pps - I find the shares compelling.