. Serenic said there's no guarantee the company would pick any of these choices and that it does not plan to make more comments about the process unless it has material developments to report. "Investigation of accretive merger and acquisition opportunities and other potential scenarios that might better serve long term objectives will continue to be pursued," the statement said. The revelation followed the release of results for Serenic’s third quarter ended November 30 which showed revenue growth and a return to profitability from the year-earlier quarter. Microsoft would seem to be an attractive purchaser, but my surmise is that if that was going to happen, it would have already occurred.