Could easily be $50 in 2 to 3 years. Until then, $2.50, $2.00, or even $1.50 doesn't matter much - though I seriously doubt the shortsters can even break $2.00 for long unless Mr. Mann decides to go the dilution route. A $100 M cash instead of dilution infusion puts the shorts in a very bad bind.
Foundations are heavily regulated and usually directed by a board of directors and a trustee. The IRS is all over these tax shelters to make sure nothing is done for purposes of self-interest and that the proceeds go to charities.
Note that Mr. Mann has 5 children and only 3 sit on the foundation boards. It is in fact not clear what might happen to the stock in the event of Al's departure. What is clear is that he appears to have a vision for the company and I suspect he has "incentives" for his wife and children to carry out that mission. All IMO of course.
If you care to read up on foundations, I found this link:
With that JMP upgrade, seems the market is expecting dilution....typical pattern, though to dilute down here would seem foolish unless A. Mann is all tapped out. The potential of a partnership doesn't seem to be spooking the shorts, that is troubling....they are likely well hedged though.