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Re: Tmyz post# 20439

Friday, 12/19/2014 4:36:54 PM

Friday, December 19, 2014 4:36:54 PM

Post# of 84311
Per the CEO, it's worth 12mm to at least 1 party and 25mm or so in his eyes. You can do some Google action and find these businesses selling privately for 30-40% of revenue. As a pubco that is growing as fast as LTNC I'd have to agree with the CEO that 12mm isn't enough, though 25mm might be a bit aggressive. Good luck trying to win over naysayers tho. Doesn't matter really because smart people are going to make lots on thus deal when the dust settles imo. The co is prob $1m or so less in debt than it was in September and that number will keep going down if the CEO doesn't add new debt of the toxic variety.

What will they say when there is no debt left to argue the demise of the co? I can see it now "Revenue is only growing at 52%! Sell sell sell!" Lol