is sti a takeover target?

Thanks macik for your great post.

"The Pharma plant is very much expected to be licensed, the site visit and inspection is happening right now and the result will be within 30 days."

However, I think when all licenses are ready, STI will be a takeover target on market or off market.

STI is in discussion with 3 world big Pharmacy companies for the JV HDA projects.

I believe the full licensed plant is worth $25 million now.So STI is really a bargin for these big players, if I were the potential JV partner, I would takeover STI at 35 million for the plant and HDA technology.

when the bid coming, I believe it's 1.5c.

any ideas?