The upside could be a few multiples of the current price. but with the venture capital company able to exercise its warrants at $1.20/sh. to establish 3/4's ownership of the company , and a negative current stockholder's equity, I believe our most optimistic upside from here to be considerably more modest than to make this a "million dollar holding." The downside of course is bankruptcy.
If they get approval they should just sell the whole company. I think the odds of approval are pretty good. If the EMA had any questions or problems I would think they would have brought it to Acusphere's attention and it would have been addressed. I just hope the decision doesn't get pushed back. Oh well, it will be an interesting first quarter.