The company will never be sold. Moving the HQ to San Diego for its climate was the first action of new management. The co will go BK while living in Rancho Sante Fe and covering the mortgage is the good life.
I can't believe PULS management! What a bunch of lying, theiving idiots. Turned down the BEL offer ($6 per share) last year and said they would do better on their own. Told us to be patient they are having a "garage sale" to raise funds, retire debt and refiniance at better terms. Missed the first deadline and issued warrants which diluted shareholder value. Also created a new golden parachute deal for executives that is in play. Either they are the biggest bunch of liars or just plain idiots. God I hope someone steps in to buy PULS at a fair value. The employees and shareholders deserve better.