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Alias Born | 09/20/2013 |
Sunday, December 07, 2014 10:46:16 PM
In my opinion, buying RGSE would be a smart move, not only would they get a large network of solar providers in several States, they also get a ticket to the Nasdaq, saving them millions versus a regular ipo.
This is what Jim Nelson did at Bain capital, bought troubled businesses cheap, and made them profitable.
I believe I was the first to speculate and started this RGSE buyout rumor on the boards, with recent S3 for $50M and RGSE market cap at that time was a little over $40M, now less than $40M. Also, recent announcement of acquiring two more solar providers and retaining law firm for possible uplisting to senior exchange... It all makes logical sense to me. Not saying for a fact this is what Jim is planning to do, just my speculation.
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