InvestorsHub Logo
Followers 152
Posts 15819
Boards Moderated 1
Alias Born 03/01/2005

Re: KennyPro post# 103784

Sunday, 01/27/2019 7:52:53 AM

Sunday, January 27, 2019 7:52:53 AM

Post# of 111964
I just want them to close the deals. I'm done with the interim updates as they look like pumps. If they put out another by December 2019 we will close the deal without closing a series of deals first will make this look bad.

Once they close 3 or 4 deals the market should really react positively imo. I am hoping for 200 million under management by June 2019. Maybe if we are lucky 300 or 400 million by end of 2019.

Sad part is it took them 15 months to close a small 40 million dollar fund. They did close it but the time frame took to long which negates the positive market reaction.

I am hoping the next 3-4 months progress is finally made. Once the 200 million dollar objective is met they will have a proven record and will be able to raise new money hopefully on better terms for even more purchases.

The market will react if they secured 200 million under management and then raised another 5 or 10 million to secure another 200 to 800 million under management. They have just not performed efficiently.