Heaven knows when we'll get another news release, From the news release.
Strategic alternatives may include, but are not limited to:
1.a sale of all or a material portion of Raise's assets, either in one transaction or in a series of transactions; (I read this as the company listing and patents, which are the only things of value )
2.the outright sale of Raise;( see above)
3.a merger or other transaction involving Raise and a third party;(At .13 and past track record, not sure why this is even listed--no one will want to merge)
4.joint ventures, licensing arrangements;(So, why would ELS want to change their current generous licensing deal? This would seem a fluff sentence.)
5.introduction of a new significant strategic shareholder; (good grief, I can't imagine why someone would come in as a minority participant-- so I take this as just another window dressing sentence,)
6.various financing alternatives or other significant transaction.(I gues they felt they needed some more words in this announce, and threw this in)
So, They want to sell the company and are trying to figure out how to get ELS to pay maximum pricing. Let's see if the new super stars they brought on can figure out how to do that. I'd suggest they give RPC to ELS with the stipulation they move to the US, rebrand by renaming and move forward.