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Re: Televet post# 20123

Monday, 07/19/2021 8:38:27 PM

Monday, July 19, 2021 8:38:27 PM

Post# of 37872
From where we are today, the call should bring some relief and move us towards $1.50 in 6 months or less.

The only reason for a R/S would be if this hovers in the $2.25 range too long and they needed to do a 1-2 split to push them well into NASDAQ. And if they did, I don’t expect there would be a negative if they are cash flow positive and showing revenue growth like we expect into next year.

At $2.25 which I think they can reach on their own, many of us would like to see if Nasdaq could bring it to $10 or $20 or solicit a buyer.

If we’re at 200MM now and if someone offers 1BN would you take it? That would be about $2.30 per share. For me, I would if it would allow the other company to grow more and be a higher benefit and happened sooner than later. I think they could hit 700MM on their own without a buyer in 12 months and 1BN in 2-3 years.

I would almost wish they wait for nasdaq until they had another bull run to push them into the spotlight.

I bet they are being asked for a sell offer.

But under $2.50 per share would not be great unless they merged to Nasdaq and the combined company would double in price afterwards. Double including the price for sirc.

I don’t think they would do a RS from $1.50 to $3 as it gives no head room. So I expect at least $2.50 in the next 12 months.