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Re: ChiefZ post# 11173

Saturday, 07/17/2021 5:16:11 PM

Saturday, July 17, 2021 5:16:11 PM

Post# of 14822
Morrison oversaw and is said to have orchestrated some big acquisitions when he was with L'oreal. He was President of L'oreal during the acquisition of Redken with 1.2 billion in sales, and Matrix with 342 million in sales.

To think there will be no acquisitions coming with the reorganization and reverse merger is naive.

That UST technology is no joke, first to market with unprecedented absorption could be a game-changer, and establishing as a holding company ahead of the merger makes acquisitions much easier and cost-effective.

Post split 4.79 million 1x current revenue $5.42, .0542 current. If they are planning an aggressive acquisition and growth strategy and new product lines, which is highly likely, then that multiplier will go much higher.

CNGT!!