Choose One.

If a business(like Crossflo) was asking $10.2 million for a purchase price,

would you:

A. Pay $10.2 million

B. Negotiate for a lower price

C. Pay $1.8 million (approximate current book value)*

D. Pay $1.5 million (estimated cost to create the software from scratch at time of purchase)

E. Hire a consultant (like Baroni), before purchase, to help determine value

F. Assume that your experienced and qualified BoD would make the right decisions

G. Not buy it at any price

*corrections welcome

I encourage active discussion on these points. Your current BoD will able to learn from your reasoning and perhaps reach sounder conclusions in the future.