Milestone,

Not to belabor the point, but...you say, "A fair price is not based on the current share price but on the potential valuation of assets."

I would submit that there is no fairer price for a public company than what it's share price is at. If it was worth any more or any less, it would be trading at that. Potential only counts in the minds of speculators or traders. If a legal offer was tendered, there would be a vote. The BOD would make a recommendation to accept or not. I would put money on the outcome of the vote based on the BOD recommendation.

It is what it is.

There is nothing stopping anyone from doing a takeover at any time. Once they hit %5 they have to file. Then based on past history the price will appreciate according to market forces.

As of the close on Friday this company was worth .084 a share. Nothing more, nothing less. Anything else is speculation, and once upon a time many people made a killing based on speculation here. Hopefully they were able to realize their profit. Since that one time spike there have been a handful of people controlling and profitting. They will continue to do whatever is best for themselves. I hope as many people as possible are able to be on the right side of whatever path they choose to take.

Good Luck,

(I) C. W.