re: what will they do with the cash I dont quite understand the...

re: what will they do with the cash I dont quite understand the guts of what you are saying. But if you are assuming M Day and co own more than half the company you are wrong. He owns a bit over 10% and lets say his friends own another 10% where are his other friends.

No I believe that Adultshop is ripe for a takeover with all its cash. A takeover offer at up to 15c would cost someone very little but would enable them to pick up the majority stake from dissillusioned investors. This could then be partly funded by a share buy back from the $14m+ in cash it holds. And then probably privatising the whole shooting match. If I had the cash thats what I would do.