BRN is in very infant times. The tec still needs to be proven in...

BRN is in very infant times. The tec still needs to be proven in a wide range of applications and micro sized chips. Any offer at this stage would be a mostly speculative amount.

One of the problems to be overcome in the device / IT market is securing recurring income. With Windows for example bringing out a new version each year was the winner there, but it appears even they are changing focus with freebie upgrades such as Windows 10. The casino deal seems to have been thought through which is a good sign.

So the % of annual benefit model (basically a licencing model) seems like it could work. The tec could also be sold to a giant like Cisco on a royalty basis. So there could be a royalty or licencing type income streams.

In any event BRN could be a $5 buck plus a share company, with a PE of 20 and annual cash flow of ~ $175 mill. Will take a few years to get there at least. Same as a 5 bill takeover.

With respect to 100% takeovers the acquiring entity either takes over the assets/liabilities or usually simply buys 100% of the issued shares. It can then either deregister and dismantle or in the case of say private equity enjoy dividends for a time and / or rebuild cash flow and then sell the shares / relist at some point in the future.

2017 should be an interesting and hopefully successful year for BRN.

IMO DYOR Etc