Anyone who reads the transcript of the joint conference call hosted by the two companies will see right away that this is a deal that IS going to happen. They all but said that they already secured the investment banking support up in Toronto that they needed to get it done.
And as for the price, well that, too, is based in reality -- not some ridiculous pink-sheet nonsense. The acquiring company is paying a combination of cash and stock. The stock will consist of IPO shares as the company goes public. And the valuation is the same as that used when private equity guys invested earlier this year. Private equity usually gets sweet deals, but when you buy INUV at 1.25, you're getting more than a 50 percent discount to what private equity paid earlier this year.
But meanwhile hundreds of thousands of dollars will fly around pinkie world chasing crazy get-rich quick schemes.
Sheesh!
I am obviously NOT an investment advisor.
Recent INUV News
- Inuvo to Present at the H.C. Wainwright 26th Annual Global Investment Conference on September 9th • GlobeNewswire Inc. • 08/29/2024 12:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/28/2024 09:17:27 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/08/2024 08:31:28 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/08/2024 08:30:21 PM
- Inuvo Reports 23.6% Year-Over-Year Revenue Growth to $35.2 Million for the First Half of 2024 • GlobeNewswire Inc. • 08/08/2024 08:05:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/02/2024 10:11:06 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/02/2024 10:11:04 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/02/2024 10:11:03 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/02/2024 10:11:02 PM
- Inuvo to Host Second Quarter 2024 Financial Results Conference Call on Thursday, August 8th at 4:15 P.M. ET • GlobeNewswire Inc. • 08/01/2024 12:30:00 PM
- Inuvo Secures $10 Million Credit Line from SLR Digital Finance • GlobeNewswire Inc. • 07/31/2024 12:00:00 PM
- Inuvo Comments on Google’s Updated Plans for Third-Party Cookies • GlobeNewswire Inc. • 07/24/2024 12:31:36 PM
- Inuvo CEO to Participate in Fireside Chat at the Maxim Group TMT Conference on June 5, 2024 • GlobeNewswire Inc. • 05/31/2024 12:30:00 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 05/07/2024 09:19:44 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/07/2024 09:07:56 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/07/2024 09:07:17 PM
- Inuvo Reports 44% Year-Over-Year Revenue Growth to $17.0 Million for the First Quarter of 2024 • GlobeNewswire Inc. • 05/07/2024 08:05:00 PM
- Inuvo to Host First Quarter 2024 Financial Results Conference Call on Tuesday, May 7th at 4:15 P.M. ET • GlobeNewswire Inc. • 05/01/2024 12:30:03 PM
- Inuvo Announces Enhancements to its Audience Discovery Portal • GlobeNewswire Inc. • 04/30/2024 12:30:00 PM
- Inuvo Launches Enhanced IntentKey Insights Dashboard • GlobeNewswire Inc. • 03/19/2024 12:30:00 PM
- Inuvo to Present at the iAccess Alpha Buyside Best Ideas Spring Conference 2024 on March 12 • GlobeNewswire Inc. • 03/08/2024 01:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 10:29:39 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 10:29:37 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 10:29:34 PM
FEATURED Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • Sep 24, 2024 8:50 AM
FEATURED Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM