"Would you buy the company if you were in charge of a large companies acquisition program, for $2.00 per share, considering all of the other options."

It all depends on the needs of the company I am representing. As in the TI acquisition I posted they did not buy them when they had 3 employees, but when they had 50. I suspect they saw something of value and were willing to pay the price for it.

Besides, a company with a budget like TI could be motivated to own the patents, not just for their value to them but to lock out competitors.

There are many reasons EDIG could look valuable to one company and not to another. I have no way to really answer your question.

What I do know is that should EDIG have a cash breakup value of $2/share, their PPS will be much higher than their cash value. Having reserves in that neighborhood takes a lot of risk out of the equation for a buyer.

I don't think EDIG management would be interested in a $2 buyout price however.