Maybe Hawthorne needs to impart some urgency into the deal.  Perhaps he double the $6M number with every month of delay beyond the expiration date, to incentivise GIS to step up.  After all, $6M is a mere pittance compared to the numbers they drop on R&D and plant expansions.

If they are indeed one of three, and a pure play, their value should only increase with time as the touch markets continue to refine.