Vortex Brands Co (VTXB)

[NRS]

Hypothetically, if Vortex itself somewhere down the road is made a large offer and sells out to a larger company (ex. Wilson) - how would that affect us at VTXB?

I have no idea, but usually when good things happen to companies, the share holders reap rewards.

VTXB is basically just the (exclusive) licensed reseller BUT is a separate entity from Vortex itself.
A large established company surely would go straight for the parent company, why bother with a reseller company if you already have a working distribution system?

The parent company is a private entity. If a company like Wilson were to make an offer, I think the owners of Vortex would decline, that is of course unless the offer was just insane. And if it came to that, there would have been such a price increase in the mean time that we would all have reaped our rewards.

Are there clauses in the Vortex & VTXB agreement allowing Vortex to terminate the VTXB licensed reseller agreement in a case like that?
Are there clauses that protect the interests of VTXB?
Yes, no? If so what are they?

Tom Olmstead owns the parent company and is CEO of the licensed resale company. So I guess he could fire himself if he were not happy with what he was doing, but now that sounds a little silly; don't you think?

If, hypothetically, any kind of situation like that arises is it possible we could be stuck holding the bag?

What, you want me to give you a guarantee that your investment is safe? I might be crazy but I'm not insane.

Do we know any specifics about the licensing agreement?

They're out there, why not do a little digging and let us know what you find.

Now I fully concede that right now Vortex owners are very well fully dedicated to both companies.

Good observation.

Or would never sell out.

Probably not.

But big money makes people do things they normally wouldn't.

You do have a point.

So "They wouldn't do that." Opinions aside are there any hard facts or insights showing we're protected?

Of course there are hard facts. But I'm not going to waste my time listing them for you. Us longs are here for a couple reasons. A. This company aligns with our ideas of what a good company should be and we got these ideas from our experience. B. We have balls.

It's pretty obvious by your questions that your previous "investment" decisions probably weren't the greatest. Well, my entire portfolio is down about 55% and you don't see me crying. My advice to you is if you can't take the heat, then stay out of the kitchen. If you want a "sure thing" then try a savings account at your bank for 1.5%/year. And no offense intended, but if you'd read the PRs and had done your own DD like we have, then you'd be just as sure and excited as us.

Good luck to you and have a nice day.