Thursday, February 25, 2021 11:41:11 PM
1. E-F is the largest maker of road markers in the world.
2. Well established manufacturer AND distributor.
3. Strong government relations and procurement experience
4. A huge existing customer base and relations in both road markers (E-F) AND car manufacturers (PPG). The connections exist and it’s a lot easier to sell new products/services to existing customers than to customers who don’t know you or your products.
5. E-F has incredible “road experience” and testing infrastructure which will compress the time from patent/prototype to market.
6. Well funded partner (PPG Market Cap is $34b). How many OTC companies have such partners with dominant market presence and deep pockets?? Did I mention $34b.
Now, the Good Lord led PPG to acquire E-F at the perfect time for us (January 2020) so we can benefit from the strengths of both companies!
p.s.
How many patent infringements are out there (worldwide) and how much revenue will come out of these infringements?? We’ll find out when PMPG let us know about their survey results (I’m hoping this is in progress) and legal strategy.
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