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Post# of 23259
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zombywolf

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zombywolf

Re: MjMilo post# 15331

Wednesday, 02/10/2021 11:10:43 AM

Wednesday, February 10, 2021 11:10:43 AM

Post# of 23259
MF owned 50% of CIGN- it was sold to us for $10 million, projecting $20-40 million in revenue. Seems a proper sale price if it was around 10x free cash flow for this year. I would expect $1 million on $20 million revs at least, is more than doable. If he gets his $5 million of the sale price in shares, I dont think that is a problem. Who sells a company for nothing?

All information provided is the opinion of this poster from review of information in the public domain.

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Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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