Milestone,
Good point. What is the fair price per share in a buy out offer when the share price is .084? I would think that most anyone not emotionally involved would consider a %100 premium more than "fair"
But even so, all the conjecture is pointless. If TPL really want to squeeze it out, they could drop all licensing let PTSC go B/K and pick up the pieces.
It all depends on what is good for the real players, not the shareholders.
Good Luck
(I) C. W.