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 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
- Form 8-K - Current report • Edgar (US Regulatory) • 03/05/2024 02:00:41 PM
- Inuvo Puts the Power of its AI in the Hands of Agencies and Brands • GlobeNewswire Inc. • 03/05/2024 01:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/29/2024 10:03:57 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/29/2024 09:56:48 PM
- Inuvo Reports 21% Year-Over-Year Revenue Growth to $20.8 Million for the Fourth Quarter of 2023 • GlobeNewswire Inc. • 02/29/2024 09:05:00 PM
- Inuvo Now Provides Advertisers the Ability to Measure Performance of Netflix Ad Campaigns Across Programmatic Channels • GlobeNewswire Inc. • 02/27/2024 01:30:00 PM
- Inuvo to Host Fourth Quarter and Year End 2023 Financial Results Conference Call on Thursday, February 29th at 4:15 P.M. EST • GlobeNewswire Inc. • 02/21/2024 02:00:00 PM
- Form 4/A - Statement of changes in beneficial ownership of securities: [Amend] • Edgar (US Regulatory) • 02/14/2024 09:29:58 PM
- Inuvo Spotlights Market-Leading Customizable AI Capabilities for Precision Marketing • GlobeNewswire Inc. • 02/08/2024 02:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/06/2024 11:40:33 PM
Cannabix Technologies and Omega Laboratories Inc. Provide Positive Developments on Marijuana Breathalyzer Testing • BLO • Jul 11, 2024 8:21 AM
ECGI Holdings Enhances Board with Artificial Intelligence (AI) Expert Ahead of Allon Apparel Launch • ECGI • Jul 10, 2024 8:30 AM
Avant Technologies to Meet Unmet Needs in AI Industry While Addressing Sustainability Concerns • AVAI • Jul 10, 2024 8:00 AM
Panther Minerals Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • PURR • Jul 9, 2024 9:00 AM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM