Any smarter minds then my own out there have any thoughts on...

Any smarter minds then my own out there have any thoughts on this stock? I hear that one of the directors may be looking to launch a takeover through a company of his...I still believe that they have a great product, and now with the distribution arm gone, I can only see good things for this company, even in the current climate. Any one who some of their major customers are?

I have held this stock for over a year, and have been considering re-entering to significantly reduce my price per share. I feel now is as good time as any, guess im just looking for some other opinions

Thanks