For 50 million dollar market cap, it makes sense for so many companies, specifically Walmart or Liberty to purchase JTX as it would immediately increase their earnings! And that is before the synergies and savings. Why should WMT keep paying JTX when they can get paid! 50M is a joke to them. I see $6 really soon!
Look, the stock offering of JTX by Cendant was fraudulent from the beginning. They took out debt to squeeze every dollar they could from the company and then squeezed some more in the stock offering. I was amazed back then that the market fell for it. The debt load was always crushing, and only perfect execution could pull the company throught from the start. They have not executed perfectly. Their current position was very predictable.