<"Does anyone else see this possiblity?">

Yup - I concur - one does not sell the farm cheap!

It appears that PEM is willing to sell individual pieces - but only once they know what they have.

If some suitor wishes to buy the whole area (or company) without first having a good idea what is actually there, then I expect PEM would value it at a reasonably NON-conservative guess before setting the value that they would be willing to sell at.

At least, as an investor in the company, that is what I would be expecting them to do.

And nobody has more at stake in this company at this point than the founders and principals.

- Just my $0.02 contribution the discussion. -