A bunch of recent insider buying combined with the continuing good results appears to have attracted some attention. Here is my forecast. As I stated in my preceding post "an annual earnings per share run rate of at least a nickel per share at the end of the year"; more than 10 cents per share run rate at the end of next year; and the company purchased for $2.50-3.00 in 2-3 years.
foxgang, at one time I thought it would be Sodexo. However, that relationship appears to have cooled off. Aramark looks logical now given tthat Auxilio now has a business relationship with them and with Leonard, Aramark's former CEO, on the Board with a large position. If it is in 2-3 years, my view is $2.50-3.00 either by acquisition or by price gains from performance, as said before. However, big companies sometimes like to see major success before stepping up to the plate, even if it is at a higher price. If it takes longer that 2-3 years, then I could see a $4-5 buyout price.
Leonard bought 100,000 shares on 10/1 at $.985, per a new SEC Form 4 filing. Note the footnote - he established a 10b5-1 plan to buy big blocks during the quiet period, a rather rare and bullish indicator.