InvestorsHub Logo
Followers 5
Posts 225
Boards Moderated 0
Alias Born 09/18/2012

Re: None

Sunday, 06/30/2019 10:25:46 AM

Sunday, June 30, 2019 10:25:46 AM

Post# of 18467
Let me help you all understand a few things about what has happened and where this Company is going. I know everyone has been frustrated about the length of time it is taking to wrap up the acquisition but that really has not been the fault of the new management team. When I handed off the company to them at the end of last year, everything was done. But the seller changed his mind about the terms and it took Robert 5 months to drill down on a package that was acceptable to everyone. I commend Robert and Mike for their patience and willingness to stay with it to get the deal executed. The transaction is a lot less complicated and will be closed subsequent to a completed audit of the acquisition, transfer of all licenses and funds deposited in escrow. They are working hard on accomplishing all of the items needed to close the transaction.

So hang in there! Robert fully understands this space and the personalities of the owners of our target acquisitions. Yes it takes time but you will enjoy the end result!