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Re: Hooparena post# 11334

Monday, 05/17/2021 7:52:44 PM

Monday, May 17, 2021 7:52:44 PM

Post# of 21241
Hoop, I agree one slightly different read when it comes to the acquisitions. My read on what was said was that no, significant, acquisition will be happening until possibly the end of the year when they will look to use debt...and probably hope the stock is trading at fair value. Now I know that they have continuously said "focus on Colorado" but I feel that end of year debt comment was stated because they have their play/move into another state/states...they didnt want to move toward an MSO simply to claim the title but they also indicated on several slides multi-state. I think what will happen between now and then are the deals that are finalized surrounding only cash buyouts...little, but strategic, Mom&Pop locations. Also, I did get the same read that Dye is enjoying working out these deals. I also enjoyed the several times when Nancy would smirk at some of the things said, because I am sure she is enjoying it too.
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