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Re: DFLY post# 8004

Friday, 06/30/2017 12:51:58 PM

Friday, June 30, 2017 12:51:58 PM

Post# of 47899
Reverse Mergers are great for acquired companies as they get to "shortcut" and become publicly traded under the existing symbol. That's why I feel that it's likely for this 8k or another merger to move forward (all IMO of course).

A little DD is Gentsco received an investment last year from Ridge Capital Partners - http://www.ridgecapital.com/

Here is an excerpt of their investment criteria:

Revenue typically between $20-$75 million, earnings before interest, taxes, depreciation and amortization ("EBITDA") between $3-$7 million, and a history of profitable operations. RCP will consider companies below these parameters if they possess high growth characteristics or create a strategic fit with a current RCP portfolio company

Looking forward to more news from LFAP