It's the BOD's job to maximize value in a buyout scenario. 

IMO, they would reject 25 cents.

Once they have stricken a deal, the shareholders must vote.

Considering how many shares Fred and others have, to go into retirement, 25 cents does not cut it.

Yes, we are at 4 cents, but the revenue generation in the IoT with Nunchi, could be extensive to a company such as Google.

A couple of billion to them is in the piggy bank sitting in the cafeteria!