Takeover @ $2.50 I thinkCash raise when they didn't need cash can only mean one thing. Excelsior will be taken over and management is likely to give itself substantial cash bonuses as they exit. After all this project has taken 10 years and bonuses or golden parachutes in the millions is truly deserved. Of course takeover price has to be great as well. I think Excelsior will be taken over around the $2.50 mark, now it all makes sense...imo