More than a SPAC - its an opportunity and a market to gain.
Don't think of SKVY as a retail big box market security focus. Its more about warehouse security and manufacturing center security as well as institutional facility market (schools of all sizes and types).
Obviously "retail" is a changed environment - now look at all the "large box" retailer situations that have big warehousing in the back of the store or regional warehouses.
Like who? Costco, Fleet Farm, Super Value and Kroger, Lowe's/Menards/Walmart/Cabelas,Dicks etc. etc. etc.. SKVY's advantage is its patents and moving camera track system.
So how could this stock benefit some entity as part of a bigger plan ?
We all hear about S.P.A.C. situations - a public company that could merge with a private company. I'm involved with another stock doing just that - going from 2 cents a share 3 months ago - to now 50 cents a share BEFORE the merger announcement and then going up from there.
a SPAC is not a magic trick or infinite answer - if done properly - its a convenience to a larger private company - that saves them huge on doing an IPO uncertainty - AND - it allows the private company to have far better control of the newly founded entity combination. But even more importantly - it allows a private company to get the benefit of "public" - but get the patents and technology that Video Sentry plus Murdoch's company he originally had and also SKVY's - and that part is there but "hidden from view".
1. So a private entity gets Control in an uncertain world of going public,
2. Gains patents and technology that can broaded the private company's access, market, etc..
3. Adds another building block to acquire other private companies.
4. Controlled pace of a private company going public and doesn't need to be fraught with confusion and anxiety and "poor fits" of plans and new learning or questionable leadership/management risk. So many SPAC efforts aren't done well - but when they are (like the one I own stock in) - they are a thing to behold.
Because I'm seeing 1st hand on another stock - an elegantly done example of how a really good SPAC can be done - I'm seeing how the private company and public company's shareholders/owners will come out very well. AND - long term shareholders will stay when it happens - again stock structure and CONTROL iw maintained by the private company - while keeping the public shareholders all involved and prospering too.
So many said I was crazy to hold a 1 or 2 penny stock - and are flabbergasted just 3 or 4 months later before the merger is even announced.
P.S. I''e owned SKVY since it was Video Sentry. I've made suggestions to management in the past about market opportunities - but as yet - they haven't taken any of them - and the opportunities are bigger and more lucrative than what we're doing now - yet our technology would qwork well for those ideas.
JMHO
AI
