IMHO there is zero chance that they would sign a deal with a $2.5M penalty if they didn't already have all their ducks in a row.
Certainly this deal is moving ahead. And I think they have buyers lined up for shares at the price that makes the deal fully valued. I'm not sure I would pay that much myself. But the deal is going to get done. And there is such a vast difference between $1.16 and $2.22 that this has a LOT of room to run in the next few weeks.
And they also gave hints as to the timeline. They have submitted their S-1 to the SEC and the buyout will happen just as soon as the SEC gives approval. My guess is that we are looking at most at 1 month.
So, what are we talking about here -- maybe 40 percent or 60 percent return in 1 month? So silly that people are out there chasing pinksheet dreams when there is this sort of money to be made. Not a "10-bagger," but...
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
Lingerie Fighting Championships Signs Broadcast Deal With Maybacks Global Entertainment • BOTY • Sep 26, 2024 9:00 AM
Maybacks Global Entertainment and Lingerie Fighting Championships Enter Into Broadcast And Revenue Sharing Agreement • AHRO • Sep 26, 2024 8:30 AM
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM