RE:Spectrum Acquisition thought and Hypothetical QuestionHermi, question for you - if youre Spectrum and youre being courted to the tune of 200-500 million why do you want to sell your stake for pennies on the dollar to another entity?
Hermi88 wrote: Just my two cents. Everyone is really talking about the acquisition of Spectrum Optix lately. We all know that it has to be done by November. My guess is they are hoping to build some momentum in the near future.
Lets be honest, the share price hasnt been rewarding ever since April... But I do feel NXO is going to be running out of the gate when they get the chance. What are they waiting for??
I believe they are waiting for the official patent approval to come in the mail. At that time they will probably aquire Spectrum, post a business update and maybe there is more info that none of us have a clue about.
Just want to pick everyones brain. If NXO struck a licensing deal for we'll say 500 million per year for the use of their tech from a company. What would you value it at?
Lets just go off a simple 100 million outstanding shares. so 500 million / 100 million shares? So say $5 a share.
Would that be a fair valuation (obviously there would be more background info etc on the long term of the licensing agreement)? My point is if they signed a 500 million dollar licensing agreement back in March when the share price was $3.76 or they signed a licensing agreement tomorrow (Share price of $0.90) would we still not value the company at $5 a share?
I believe everyone working with or on the boards of both Spectrum and NXO are smarter than everyone posting on this board. Let them do their work. Let them bring their tech to market. At the end of the day once again we all knew buying this that it had zero revenue and if it doesnt generate revenue the stock will flop lower than it is now. Idea's cant pay the bills if they don't get commercialized. We may have to wait longer, maybe 6 months, maybe a year, maybe only 1 month. But I wont be selling any of my position and find out I missed the boat. If it goes to $0.00 so be it. I knew the risk when I signed up.
GLTAL - Listen to yourself. Just remember, all the people working on this bad boy have a lot more at stake than any of us. They want to be rewarded and remembered for lifetimes to come.