My view from what i read and understood is: I t
Post# of 30028
I think we FINALLY have LIFTOFF!!!!
Although its just a LOI and not yet definitive (deal could still not be made, keep that in mind also), this is how i see it:
We now have a GREATLY UNDERVALUED company with marketcap of 2 million or so (you would think we have a valuation of a company thats about to go bankrupt, which many people were expecting by the way).
IF this deal gets done (which i think it will personally) the toxic financers will be removed from the picture and we have a clean balance sheet and now we can get a PROPER valuation and i'm guessing here, thats probably around a $100-$150million marketcap and thats not including those 4 assets they want to bring into AMBS (no idea what that brings to the table).
KEY IS: the toxics are REMOVED! CLEAN balance sheet and we get a more PROPER valuation of the company and our pipeline!
If they can achieve a deal then i'll probably be crying tears of happiness for averaging down the other week! finally my timing was good for once! lol
I'm very excited!!! because frankly we can only go up from here in my opinion