Post by
ronrydell on Feb 15, 2023 10:02pm
Moving forward without Medatech
Thinking that we've bought some time for the following: we should get our "hard costs of $250K back for all those expenses we incurred for the "book" outlining the Midatech deal.
2. We have time now to get our own deal with the high price "extortion deal" with L@T with the partners that we have already worked with...but...it still will beg the question...what will our IP and other work in progress do to help people and make for a licensing agreement and an eventual buy out. The one dollar per share price now would be oversubscribed on a tender offer now for $.25 and we'll all be happy campers.....cost basis has got to really be low now for most people.
Comment by
G1945V on Feb 16, 2023 9:34am
ronrydell : "The one dollar per share price now would be oversubscribed on a tender offer now for $.25 and we'll all be happy campers.....cost basis has got to really be low now for most people." I wonder what narmac has to say about your comment with respect to the cost base issue? I for one would welcome a 25-cent offer at this point in time. G1945V
Comment by
zwerp2000 on Feb 16, 2023 10:31am
$.25? LOL, you will be lucky if you get a nickel for your shares. In the end, i believe you will get nothing. The company can't pay its debts. Likely bankruptcy comes and as an unsecured creditor/shareholder, you will be last to be paid which will be nothing.
Comment by
G1945V on Feb 16, 2023 10:39am
"It's not over till it's over" G1945V
Comment by
zwerp2000 on Feb 16, 2023 10:59am
it's over. it's been over for many years
Comment by
beenthere on Feb 16, 2023 8:01pm
Duh! 25 cents is always better than 2.5 pennys! lol