I agree, we could well see someone take a serious run at PTK in the not too distant future. By my logic a good thing on one hand, because if you truly do have a game changing, disruptive technology, a big fish with deep pockets usually comes around....complete and utter validation in a sense. That said, given our current share price, the prospect isn't terribly attractive. I note successful Canadian company Photon Control just agreed to be bought out for a 26 percent premium on their shares, not entirely analogous-we have way more upside- but also instructive. The idea someone offers us a 3-400 percent price for any buyout seems not terribly realistic, more likely a more modest offer, with the brass well taken care of.
It's for this reason I don't agree with the sentiment here held by some, that today's price is of no relevance to anything. Actually it is, and even more attractive to a potential suitor. This is why I believe the company is well advised to push up the price as much as possible, whatever levers at our disposal used to give this stock some real backing. The NASDAQ could well be a temporary price setback, but potentially countered by allowing a big industry player a stake in the company, say 10-20 percent.
I guess I'm just a bit nervous, feels we are vulnerable at the moment. I believe we have the goods, but perhaps that's the source of the near term takeout anxiety. Interesting days lie ahead, that's for certain...it's just a matter of how big the ultimate payoff.