Tuesday, July 13, 2021 10:14:40 PM
It’s okay to state it. It’s okay to expect a good answer from management. If they are aware of the legal procedures, they also put safeguards in place. As share holders with hundreds of thousands invested, it is okay to want to know these answers.
This company has put together a strong team and if they need another strong leader, then this may be one.
I’m not going to blindly trust anything. Anyone can make a mistake. They may believe in him, but I am not sure what they are doing and no one can be, but this is not a company they bought with a clean history and with any notable google search presence with 35 states. I expect if I search for the name, it should come up in searches. Hell, my wife’s website that makes 0 money shows up in searches by the name. And at the top of the list.
The website is bare with no substance.
So what history do they have on this. And is this a way for them to build their footprint without really spending a lot. I am hoping they did not spend 50MM for this. As I don’t see the substance for it.
But, they are done with acquisitions for a while and they have the team they intend to grow with. They will hire new people. They will open new areas organically. They will grow with this heavy sales footprint. There is likely a reason they are heavy in sales.
All in all, they could pull through this. So I am not heavily worried. But I totally understand calling out concerns and wanting to talk it through with people on this board.
This is not an equivalent to something like cornerstone. So hopefully they did not pay a cornerstone price tag.
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