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Tuesday, May 19, 2020 11:58:16 AM
You brought this up in another post... but I, and I know many other shareholders here, would fight tooth and nail against going private, as I know many who believe the true value is multiples of where we are now.
Anything less than a dollar a share is an absolute 'no' for me.
Frankly, a JV would have to be pretty good and the partner would need to bring something new to the table. We have money and can ramp up production if the demand is there. I don't think the process is overly complex where we'd need state-of-the-art facilities like Tesla or something, we might just need to add a warehouse and hire more people if the demand is there.
Gary has 25 million shares and is 76 years old. He could ride off into the sunset any time and be pretty comfortable, but I don't think he's in it to flip quickly and make a few bucks... which is good for long-term holders.
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