InvestorsHub Logo
Followers 23
Posts 19
Boards Moderated 0
Alias Born 01/13/2015

Re: Millstone post# 33728

Thursday, 02/05/2015 10:42:51 PM

Thursday, February 05, 2015 10:42:51 PM

Post# of 87250
The reason that I believe they need to get to the NASDAQ ASAP is to continue on their strategy to be a market leader in this sector, and time is of the essence. If they can clear their balance sheet of the toxic debt ( which I believe they are doing) and get on a major exchange they will have access to much more favorable lending opportunities, which they can then go back out and start acquiring more companies. There is a small window of opportunity here to become a market leader ( my guess is 2-3 years) and you need to do it by growing both organically and through acquisitions. You can't do it through growing organically alone. I promise you this, management has a much, much larger vision of where they want to take this company than most of the people on this board do. They can't afford to wait a year or two to jump up to the NASDAQ if they want to be that company that I know they envision themselves being. I think people on this board understand the importance of the lending side, but I don't think a lot of people understand the importance of doing this sooner rather than later. Obviously you can't do things recklessly for the sake of speed, but acting sooner than later is very important if you are thinking BIG, which I believe the management is. I just don't know how many people on this board are.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.