powersam said:
Even if that all happens exactly as you predict, the line 'They got bought out because there was no profit potential' would still make zero sense.
Actually, it does make sense. Let me elaborate:
Trico's board of directors elected to allow new investors to take the majority of control by purchasing > 50% of the shares. The reason for this is most likely their previous investors decided they wanted to pull out and sell their majority of shares, and were not willing to fund another round of testing and research, due to the simple fact that the hair regeneration product was deemed as a probable failure.
The new investors were willing to add a high risk venture to their portfolio; while their old investorss wanted out.
This is basically what I said before, just more specific.
What doesn't make sense?