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Rickface

04/14/13 10:54 AM

#4920 RE: Dead On Arrival #4919

Prop,

That all sounds right to me. I was hoping some of the business side people on here could give a guess as to how this type of buy out might unfold.

I would like to point out that although we believe we know where the EO polymer chromophore came from for Intel's breakthroughs. It is less clear which polymer host will be used and also which engineering design, etc.

Rick

georgejones

04/14/13 11:21 AM

#4921 RE: Dead On Arrival #4919

Thanks for going the extra mile on the research end. I have seen companies with infinitely less to offer (in terms of universal utility and future value) getting bought out in the multiple billion dollar range. (It amazes me). I think we all agree that this is paradigm changing technology that almost defies assignment of future valuation. There is also a question of how any potential deal would be structured (stock-swap or cash or combination). Can't we assume that if it is at least a partial stock-swap, the value of the acquiring company would significantly improve after the acquisition, particularly if the effectiveness of the technology proves out, as it seems it has and will?

Additionally, why should we assume that an acquisition play would necessarily be unilateral? The current LSS would certainly have a huge advantage, but that doesn't preclude a bidding war if the value is enticing enough. We have to assume the board is aware of these possibilities and is presently taking steps to preserve bidding process options.

I don't have any opinion about the chances of an acquisition. I am sure there are those who are even now thinking very hard about the possibility. If a bargaining process were to occur, I think the board is composed of experienced corporate leaders who know how to get the best deal possible. Is there anyone on the board who hasn't been engaged in some fashion in merger and acquisition at some level? This just ain't goin' cheap.

catani

04/14/13 12:48 PM

#4922 RE: Dead On Arrival #4919

The "we hold the cards" comment doesn't fit into your scenario.
While I agree that a buyout is very likely, it doesn't necessarily mean that they are on the mercy of the LSS. To hold the cards means options, the total contrary of what you have described.