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Re: Mickey4 post# 33670

Wednesday, 03/28/2018 9:25:00 AM

Wednesday, March 28, 2018 9:25:00 AM

Post# of 48565
First of all, congratulations on your vast holdings of LOF. Hopefully it works out.
Secondly Buzzy would never sell RK Super off for 15 million. He wasn't going to listen to offers until it was grossing over 5 million in sales and the general rule of thumb is ten times gross which would put the starting point of a sale at 50 million.
He did say that he was only selling off the RK super part and keeping the other parts, but I know of no other parts at this time. I would think that a buyer would want the whole company in order to secure the distribution chain etc. this would increase the price even more.
FH is a super buy at these prices.