Spoke with the head man in IR today and the impression I got from our conversation is they're looking to sell the company. IMO they need additional financing and DB is holding the purse strings tightly shut, so what's the alternative?
I would say to do a deal or sell out. I also found out we currently don't have a poison pill, so theoretically we could be a hostile takeover candidate. I was told the poison pill expired in March, but that the majority of the company shares were held in strong hands and that those major shareholders were looking to get a minimum of .75 to $1 per share on a take out. That maybe just wishful thinking.
Was also told DB wasn't pressuring management to do a deal. I don't know if I bought that part or not.