Re: Possible sale of the company
in response to
by
posted on
Mar 12, 2017 07:12PM
Some level of premium yes, but Google is not in the gambling business. Why should they pay a significant premium to a company that has "going concern" warnings in their quarterly filings and have shrunk their office space overhead from $7,200 per month to $1,100 per month with a one year term just to keep going? As my first post indicates, I think you start with todays market value and you add some level of premium on to that, how much, who knows? So I outlined some levels and indicated what percentage each premium would be over today's value. Five times today's value is 20 cents per share is that enough for the "potential"? Or does it command more? Are there any other possible suitors? In our position if there is only one bidder they pretty much set the price. We shall see.