Hombre: This stock simply doesn't fit in a scenario where we can discuss buyout offers at some premium to current share price. Nobody on this board feels the $0.07/share price today reflects fair market value. I promise you that PRH do not think $0.07 reflects anything close to fair value.
In order for someone to buy this company at $0.35/share, they would have to successfully get through a proxy at that price. I own a lot of shares. My vote on a $0.35/share sale is a very quick no. My vote on a $0.70/share buyout is very quick no. My vote on a $3.50/share buyout, 10x your example...hmmm, interesting, let me think about that for a minute (likely yes).
I believe a $0.35/share buyout offer would get yes votes from all the Maxim rachet shareholders, but few others. It would be hostile, unsupported by the Board (in my uninformed opinion).