Even in the teck days back several years when many acquisitions were going on, at extremely overvalued prices, looking back at how they performed, most lost their arses in the long term.

Now do this...you are asked to evaluate edig and present to the BOD a buyout price along with your justification and ROI estimates.

Some of the estimated known facts:

1) Expect to generate hundreds of millions of dollars over x years

2) Expect to develop new products and market into new markets

3) Phase 2 settlements assuming we win are expected to generate xxx dollars.

4) Current outstanding shares 300 million

5) Current stock market price $.15

What is your total buyout price or price per share.