CLST Holdings Inc (CLHI)

[Renegades17]

Acquisition targets- big value drivers



While I don't believe Infusemedia has been confirmed as one of the targets (circumstantial evidence supports this), and perhaps it's a licensing deal for the largest US B2B database, the underlying company seems very impressive (and has been recognized as such by Inc magazine multiple times):

https://infusemedia.com/


The other mentioned target, Creditsafe, is also very impressive and provides a great complementary opportunity to TDS' core business. I'd also add that management mentioned that Creditsafe generates $40mm in annual revenue.

From Tweet dated 9/29/2020:
Update: TDS management is currently negotiating to acquire one of the largest Payday (Ping-tree) corporations in the USA and U.K. Current turnover is around $40+m with over 1m leads generated every week, we will double this in 18months #Creditsafe

https://www.creditsafe.com/us/en.html

Long time followers know of these deals already, but worth re-iterating for newer holders. These deals will be huge catalysts in their own right for the stock, but management has had to remain quiet about them for obvious reasons. That said, the hashtag "acquisitions" did appear in a tweet dated 12/10/2020:

Message just in: We are now waiting on our attorney to review docs and everything should be able to move - From our CEO, Robert Stephenson #thedatasource #otc #OTCMarkets #otcqb #NASDAQ #acquisitions #data #DataAnalytics #datastorage #datamanagment #blockchain