Simply Inc. (SIMPQ)

[SpencerTracy]

Pure Conjecture:

BO @ 0.75-1x sales = $30-40M! Verykool brand in LatAm! New Software!!

For a buying company, Like BLU, it is not bad:

Currently IFON yearly OpEx is $5M; They can reduce it down to $3M

Reduction in OpEx:

$1M:(CEO, CFO, BoD compenasations + lease of two buildings(SD + Miami)
$1M: Other

$40M Gross, Gross profit @ 12.5%=$5M, OpEx=$3M, Net Profit=$2M. Pretty good!

IFON to $2-$2.5, soon?!