You are leaving out something very important lol. Its $3.50/sh++. THEN..they have a completely separate operating business that reported $4,200,000 in EBITDA today. That business can easily be worth $2.00/share now. Do the math.
It is apparent that these guys have been around since the initial sale of the assets. They needed to get to a level where they would allow Premier to formalize the deal and announce the letter of intent. This one is in the bag. This deal is done, these guys are for real, and the company has the best of all worlds. They still get to be curators in fact and display the items at a profit and in the process are the recipients of a tidy bucket of cash to distribute to its shareholders. Good day today.