Lets say early next year the higher court rules against SIGA so the Parson's Ruling is not reversed. (a strong possibility by some experts) Siga's next move would be to conive with the definition of profits and try to delay payments. It seems that the favorable ruling may be worth at least 4dollars a share which would make the market cap greater than Siga's. Would a buy out of Siga be a possibility with the new buying power of their new market cap? , PIP management,Teebrane, Alibi, Ryanclix, jackat or whoever wants can respond given my hypothetical scenario that PIP wins the appeal.
I think Siga may well be playing games with expenses for the purpose of affecting what their profit is. If so, and the issue winds up in Parsons' Court, Siga most certainly will not like the result. Remember, their bad faith is what got them into this situation to begin with. With that said, PIP winning the appeal is only one step toward collecting on their judgment. St-246 must be perfected and marketed. Either they are playing games with perfecting it, or they have a collection of incompetents working on it who are incapable of perfecting it. Another important part of the equation is money from BARDA which would have to be provided by Congress, which, considering the current landscape, is far from certain. Just like those of us who are invested in either of these companies, any potential new investors want to know the answers to these and other questions. Winning the trial did not increase PIP's share price, and in my opinion, winning the appeal, standing alone, may or may not be worth $4/share. All things considered, if I ever get back to green, both these companies will be in my rear view mirror for good.