No deals until JambaGo is at the 1400 locations planned, AND they have ironed out the kinks and can demonstrate solid profitability with this format. Which I think, is true, and will happen. JambaGo is the KEY to JMBA going forward. They will sell to someone who has the resources and firepower to have 10,000 JambaGo sites across the US. Once they prove the profit model, this thing takes off and they sell for $10+.
james white runs the board like he does jamba juice, it is easy to throw away an acquisition offer and make the claim that they can get a better value which is true. nobody will make an offer more than 100% the last 90 day average trading price. even if they owned 25% of the stock to make a hostile takeover, it would've happened when Mistral sold at $2.50.