takeover

Have spent alot of time reading everyone's positive and negitive thought's on this stock , and as i'm no-one who matters to anyone i have noticed a few people mention the words "takeover",and "chinese".
and only have two questions that i would value people's opinion on

if there was a takeover what do you people out there who know alot more than me feel the effect on the share price would be.

and did you experts hear about this so called takeover on a web site , grapevine or gossip while sitting at your local downing a few.as i've heard the same with some of the following words mentioned- three,D-----, P----, meetings,chinese,soon ,three.
i thought i'd throw it to all the people who know so much more than me to see if there's any truth to it or if it was just the drunk sitting next to me drippling the usual crap while i was trying to have a nice coldy