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Re: namtae post# 7995

Saturday, 01/19/2019 1:37:52 PM

Saturday, January 19, 2019 1:37:52 PM

Post# of 14687
Let’s think about this...

You buy a ‘private’ company with $78M sales and a net of about $16M. Normally private companies take all the value out for the owners due to taxes. Now that company is owned by a ‘public’ company and all those paid out earnings now retained in the public company. Also that ‘public’ company has years and years of losses to use to eliminate those earnings for years to come. Thank makes this asset now worth much more than it was before and allows for expansion now into 24 more states to grow sales exponentially.

Sounds like a great business plan.

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