Something does not fit with the T/O assumption at least for the present.
If a T/O occurred apart from PC who else would benefit?
Would any Co want to keep the management -this management!- or just get the product and assets and incorporate it in their business?
The management are looking to raise cash, i dont think they are after a T/O which = get rid of ''their'' cash cow ''for them!'' business...
Personally i see it as too early for anyone to be interested in a TO as it has some way to go yet and hard to assess if it would be a positive or a negative result for the s/holders if happened at this point of time.
One good thing, it's not holding too bad and in a day like this.
VCR Price at posting:
20.0¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.