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TranSwitch Corp. Message Board

  • gandhip gandhip May 15, 2013 9:00 AM Flag

    A number of inquiries into the company?

    Was this the result of the patent sale process uncovering a desire to buy the company or someone seeing value on the future business. If so how long will it take to pursue it and at what cost?

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    • actually I guess the "inquiries" come from disgruntled shareholders like Aspire Capital which try to save what is left of their investment rather then from any parties involved in the poor performing patent sale process. Remember this is a company with no revenues and no customers so why should anyone even think for a minute of buying them ? If there's anything interesting in the company it would be much cheaper to buy it out of bankruptcy. The process usually will take 3 to 6 months and it will come at substantial costs for the company.

 
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