If no buyer is found the company's worth will be about a third of a dollar per share after the dividend. Then, it will make about a dollar per share per year, assuming royalties continue to flow in.
Yes, shorts will have to cover, but it seems they have plenty of time to do that. Unfortunately, the IP of the company worths nothing if no buyer is on the horizon. I am holding, just hoping something can come up with selling the IP and also for years to come royalty dividends, however, I realize we've been scr**ed. At the current valuation, the market gives 1 more year dividends, approximately, and no sell of IPs.