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Re: NextGenCapCG post# 6219

Thursday, 05/23/2019 10:34:18 PM

Thursday, May 23, 2019 10:34:18 PM

Post# of 46651
To that effect, this situation is similar to Yahoo's stake in Alibaba. I think we can all agree that Yahoo (outside of Yahoo finance) has not been a very good company for a while. However, Yahoo owned 15% of Alibaba which supported its stock price for a very long time. Yahoo was never going to buy all of Alibaba, but it profited simply by making a smart investment. The same applies here in my mind. ED is unproven. That makes ARSN Yahoo. Yuenglings ice cream, is a potentially valuable asset that could be worth a lot if they continue to grow and generate attention. That makes it Alibaba in this situation. From that standpoint, ARSN's 33% stake functions exactly like Yahoo's stake in Alibaba, which is to provide it with passive income. So long as ED doesn't screw the share structure up and tries to grow Yuengling Ice Creams sales via YIC Dist., we win. from that standpoint as long as the 33% stake in Yuengling's Ice Cream is worth more than the current mkt cap of ARSN its a solid investment. Right now ARSN Mkt cap is about $580k. That means that the market says that Yuengling Ice Cream is only worth $1.5mmish.

Again, I've stated my thoughts and opinions on this, but I think that Yuengling's name and infrastructure is worth much more than $1.5mm to the right buyer. And from that standpoint, ARSN seems to be undervalued.