$30 Billion Deal, page-4866

Just one man's view here if you'll care to indulge...

People throw around comments (pipedreams if you will) about $T market caps, bio takeovers, etc. Dare to dream, and I fully believe it could one day be a reality. But it is certainly difficult to justify commercially when you're a speculative bio trading at ~$0.10. How does a company bridge such a gap?

Sure, bios can be bought out for 2x, 3x market cap, but this would still place BIT at $0.20-0.30 per share. We would be looking at a buyout of 50x per market cap to come close to some of figures being thrown around... it's just not realistic to think that any smart investor would agree to something like this.

I thought the same thing in November and believed (per the reply above) that we needed another announcement to start a rocket under the SP. I believe this is that announcement.

While the SP may have ended a little lower than hoped for, the volume indicates major interest and it was great to see some churn. Hopefully this lays the platform for some longer term growth and we're in for a rollercoaster ride ahead!

I'll be looking for elevated volume over the coming weeks and hopefully some nice gains along the way. If this happens, we might finally get that buyout, partnership, etc. that we've all been waiting for.

Go BIT!!