JanOne Inc (JAN): read ARCI 10K update on recycling sale m...

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Re: Principian post# 1115

Tuesday, 04/09/2019 12:56:03 PM

Tuesday, April 09, 2019 12:56:03 PM

read ARCI 10K update on recycling sale multiple offers $30 to $35 Million & working on them now. Also debt free paid off from prior asset sales & got 1.2 million from the $3.8 million owed to ARCI from LIVE. So to recap 4.5 million dollar market cap Co. with $1.2 million in cash owed another $3.8 & NO debt with near term asset sale between $30 & $35 million leaving GeoTraq as only surviving Co. entering Billion dollar IOT market... Seems worth more then .55 cents will go parabolic on recycling biz sale as very few paying attention to ARCI.

10K Filed " Letters of interest or intent have been provided to the Company with potential purchase prices ranging from $30 to $35 million. The Company is engaged in discussions with these outside potential buyers

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