Not very likly IMHO.
Whille I belive that the future of this company will be a buyout, I do not belive that the company is ready just yet. Sonomax is still testing the product for customer adoption. Also, the broad market has been barely scratched. We still have to get hearing protection tested, attack the gamers market, hit the cell phone industry with bluetooth and so on. A buyer would rather pay $1 per share for a proven product then 10 cents to test it on thier own. By the time Sonomax has sufficient testing done this will still be a very ground floor oportunity. We are lucky enough to be in on at the very early staged and we will benefit from this.
Just my opinion... as I recall from past conversations with Nick, the company is always for sale if the price is right. In a meetign in Ottawa he suggested either $2 or $3. So holding the price at 5 cents will not benefit a potential suitor.
I admit, I am a little biased because I want more time to accumulate stock :)
The selling that took place this month was a sign on the times. Tax loss selling. This stock traded almost the entire year over 5 cents. A drop from just 5 cents to 4.5 is a 10% loss. Anyone paying 6-10 cents could get a significant tax loss from selling this December.
With the CES fast approaching it may not have been a smart move but never-the-less its done.