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Tuesday, June 02, 2020 6:53:32 PM
I truly believe in John's way of doing things because making a stock swap as part of the acquisition deal, he is HEAVILY incentivizing the new unit's management to increase revenues, profitability and produce significant value add for stockholders. This is what he did at Coach USA for each of the nearly 80 acquisitions they did during his 3 year tenure, which got his revenues at Coach from $100K when he took over to up in the BILLION$. That meant my penny stock was sold for nearly $50 a share at the end of his 3 year tenure, because I was patient through the crazy volatile growth plan he put into place. And the ups and downs were darn right crazy at times. I have faith in the man, because John Mercadante and Doug Cerny's track record speaks for itself. You should too.
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