Propel Media Inc (PROM)

[db7]

reminder of 'possible' value based on yahoo/brightroll deal:





db7 Member Level Wednesday, 11/12/14 11:17:08 AM
Re: levelnever post# 417
Post # of 452

I’m just now seeing the brightroll / yahoo deal… explains the strength yesterday and today in Ad Tech…


“
It also helps explain why San Francisco-based BrightRoll jumped at Yahoo's $640 million cash offer, in a deal that was announced on Tuesday. BrightRoll's technology helps brands automate the purchasing of ads on video sites. The company says that 87 of the top 100 U.S. advertisers use the service and projects net revenue this year of more than $100 million.

“


I was guesstimating we’d be around $115mil rev post acquisition(?)… with 250,097,333 shares o/s………. with a Brightroll value we’d be worth $2.94/sh


Obviously, we are not Brightroll but the numbers are interesting nonetheless.




Please do your own DD.