GREY:IPHAF - Post by User
Comment by
labumbaon Jul 31, 2008 4:53pm
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Post# 15349544
RE: With a pssible 4 billion dollar market
RE: With a pssible 4 billion dollar marketRfk67,
I think $3 or 4 could be a lucrative offer now.....no matter how you look at it....our company is truly in a penny stock status... any big pharma or middle size phama can buy us out with little over 400 millions....realistically, a hostile takeover is possible although management has all kind of strategy to prevent this from happening....the sad thing is the management including Robert's investment company owns about 16% of all outstanding shares ( correct me if i am wrong about this figure )...with 28cent per share value doesn't give ISA too much bargaining power....hopefully, there are bidders lining up to give us a decent offer.
" voclo is not a slam dunk for renal " could be right or wrong....only time will tell.. .. if you do your research hard enough , you will have a second thought about this statement, imo