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Highlights For Emphasis - Dear Fellow Shareholders,

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UncleFester Member Level  Friday, 10/06/17 10:52:59 AM
Re: Jtech post# 31842
Post # of 34491 
Highlights For Emphasis - Dear Fellow Shareholders,

Here's a snippet of the letter to shareholders. Highlighted for emphasis are the points verified and discussed at length in a phone conversation with the CEO. Nothing new, just verification of what he's already put out there, but enough for me to accumulate another 10M shares yesterday and this morning based strictly off that conversation. GLTA and I hope like hell for each of your sakes that you don't sell even one share of this very unique and amazing opportunity. UF

"I’m sure you’re all wondering about the new management, additions to our Board of Directors and our business model moving forward. I will say that I am excited to begin executing our model, although we started the process about a year ago, we decided on using CWIR as our public platform a few months ago. We also had to make sure our partners were on board and our deal flow pipeline was strong.

A question that has been asked is, why start on the Pinks? There are a few reasons, NYSE and Nasdaq companies for the taking just don’t exist and if they do, the acquisition cost is probably close to around $100 million. Starting from scratch with an S-1, fund raising, FINRA, IPO process is time consuming and our story would have been lost in paperwork drafts and amendments. Going with the OTC market puts us on a “fast track” and we are using this platform only as a stepping stone to building our shareholder base, our financials, making sure our in-house compliance department is in order so when we decide to up-list, we’ll be ahead of the curve.

With the pipeline of companies (plural) we have signed to Letters of Intent to purchase, we would meet the listing criteria with our initial acquisition. Are we going to apply right away? Probably not, I’d like to build our consolidated financials first. We’d like to have some real size and depth before considering.

So what exactly is our business model? We’re an acquisition holding company that will purchase private operating businesses (plural) with annual revenues of between $5 million to around $30 million. These businesses will become wholly owned subsidiaries of CWIR, the parent company.

I do believe this may be the first time that a microcap pink sheet listed company purchased a business many times its current market cap. We look for management teams that want to work together with us, as a team, to grow and expand the business. They will be able to focus on executing the business while we focus on investments, capital markets, investor relations and regulations.

At some point in the future, be it two or three years, depending on the market environment, we’ll consider spinning subsidiary off. As a current shareholder during that time, you will also receive shares in that entity.

If you ask me where we see ourselves in five years, I would say that we would like to have ten to fifteen subsidiaries under our
umbrella at all times
and spinning off or selling four or five each year.

I don’t roll the dice, I don’t gamble, I don’t hope things happen. I like to believe that I do sure things. As a matter of fact, I’ve only been to Vegas a handful of times because of these reasons. The way we do that is by controlling the process, structuring deals that make economic sense because we are executing on our terms.

What’s our industry focus? Quite frankly, we’re generalist, except for David Platt, who specializes in Pharma and Bio tech, and Ray that specializes in the financial arena, but at the end of the day we’re all deal guys."


Do your own DD. My opinion only.
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