Apparently the contractual relationship had become a break-even proposition for CRDS...time to move on. Tough call by Management--but the right call.
Ideally SCON will negotiate up-front payments like UNXL accomplished for its touch-screen technology--allows the deep pockets to expand manufacturing capability while achieving positive cash-flow status.
Let's hope that buyout figure is for at least $45/share...so that I can recover (and profit a bit) from earlier pre-RS purchases. Pleased that management is finally executing its plan!
National Reconnaissance Office. Sims said during last Quarterly CC that CRDS had very positive discussions w/'em.