Riz: From a negotiating point of view, a partnersh

Riz: From a negotiating point of view, a partnership or merger would involve many more moving parts than a BO. Therefore, a partnership or merger agreement would potentially take much longer to negotiate than a BO agreement. A BO negotiation, it seems to me, would be reasonably analogous to negotiating a final settlement in a civil lawsuit seeking damages -- where the focus would be on the final amount and the adversaries would keep repeating their respective leverage points as the offers and counter offers would draw closer until either agreement would be reached or one side would pull out. A partnership or merger would involve dozens (probably hundreds) of separate terms that would require agreement through negotiation.

And to FKAdams, a BO would have to be approved by 50 % plus one of all outstanding shares (roughly 700 million). I doubt that our existing board members hold more than 20 million shares cumulatively. And as much as a BO suitor would want to lowball its offers, one would assume that such supposedly sophisticated executives would understand that their objective ought to be to offer(pay) the lowest amount that BOTH CYDY management and its shareholders will accept.