InvestorsHub Logo
Followers 3
Posts 233
Boards Moderated 0
Alias Born 01/04/2021

Re: None

Tuesday, 08/31/2021 2:41:37 PM

Tuesday, August 31, 2021 2:41:37 PM

Post# of 2898
Acquisition news. Link below. I think they had mentioned this possibility before, so this mostly just confirms it. I think it's a net positive. But part of me does view it as "inside baseball" shenanigans, which doesn't thrill me (e.g., one way to view it is "new CEO scores almost 6 million shares in exchange for what amounts to a little known brand and a web site"). But in the bigger picture this cleans up some loose business ends that had to be dealt with. And if the two brands do succeed, they will add significantly to overall VB shareholder value. Of course, for that to matter, we need to get back to trading. It is time for a Q3 report and a date certain for the Form 10. We have been patient. It's time to throw a bone to the shareholders.

VB acquires Infinivive and Fitore
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.