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Re: returns post# 58764

Monday, 04/03/2017 2:48:23 PM

Monday, April 03, 2017 2:48:23 PM

Post# of 156704
To clear that up, I believe the "offer" was to help TTCM acquire an existing tech firm with current annual revenues in the $20-$30M range. Such a company would most likely be valued in the $60-$90M range using a 3x earnings formula. So the "offer" would be in the $60-$90M range. Even better, eh?

Speculation on my part, but probably not far from the truth?

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