RE:RE:The number of Board MembersWe retail shareholder "mushrooms" (in the dark) can only hope that these two "strategic" moves of providing a larger pool (three more percent) of treasury shares for insiders, along with increasing the potential number of board members, both point to the immiment major investment or buyout we all have been hoping for.
What did Matt say? Expect one or two ph 3 to start in the second half of this year. All logic says that requires a partner with money and expertise.
We have been hoping that turns into a buy-out. Of course the share price has to increase first, to some decent level to justify a buyout at some lievel in the billions. And of course progress in the regulatory sphere along with maturing data will make the company more attractive.
So, a buyout should occur after a partnership to get things going on p 3s in two indications. Then the board will be expanded to accomodate our new partner, and the share price will go up, justifying giving more of the company to insiders.
Or so I am hoping for... as the penultimate chapters of this story before the final sale.