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Re: Manti post# 14829

Friday, 08/06/2021 10:27:19 PM

Friday, August 06, 2021 10:27:19 PM

Post# of 16003
I was a little tuned up when I wrote that. I'm familiar with M&A activities and valuations. KAVL's cost of goods sold for their first year generating revenue was ~$83M if my maths are correct.

That's $83M in revenues for Bidi vapor. I don't think they need to waste the money on a valuation to sell Bidi for $200M. Honestly that would be a steal for KAVL if it existed in a vacuum. The only reason I'm not jumping up and down about acquiring BIDI is the fact that it does nothing for our gross revenues. It will only bring improvements to our margins.
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