It could very well be. The final phase may be on Dec. 31, 2015 when BKYI defaults on the loan and IDCC gets their IP. Guess what's left for the shareholders?
In the meanwhile, some new shares were issued today and it makes it look the volume is spiking. Before you know it some more sheep will be led to slaughter and the SP will go into 'jigging for new suckers mode'.
Oh my! This is a red letter day! The news has to be gigantically spectacular for Elite to crawl out from under his rock to predict bankruptcy in - drum roll - THREE YEARS!!! Elite does this as we get a bid for 440K shares at $0.15! I think Elite still expects Cogent to win NGI too!
Now we only need Johnny to chime in to make the moment complete. Oh, and wait - I got to ask - ARE WE SOARING YET? And of course this is just a couple disgruntled longs trading 1.4M shares back and forth between each other.
And finally, after working this great deal, we're bound to get an apology to the CEO from Stargrater. I'm sure we'll see that by close of trading today.