RE:Great idea -Merger or buyout by Vernetx Not sure why VirnetX hasn't already taken a run at us. Net of cash on hand out enterprise value is $120M. They could sell IRD for almost that value, maybe more, and would get 20k patents for the takeover premium. And if it was a $1 takeover premium that would be fully paid for by eliminating QTRH management.
Essentially, would get 20k patents for free.
This has been my thesis. To suggest that 20k patents are worthless is ridiculous. This is a completely hidden value and there are ways to surface that value.
With weekly volume last week over 2M across all exchanges, and the tight trading range, maybe we will find out this week?