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Re: Pennyboy20 post# 78279

Sunday, 12/26/2021 12:19:44 PM

Sunday, December 26, 2021 12:19:44 PM

Post# of 95673
Oh absolutely! They went the public route to avoid the issues they had with previous financier which was smart - they learned from their mistakes (even though it wasn’t really their mistake). They also picked IBGR shell because it was almost debt free and share structure is very good. These guys are smart and know what they are doing. Now, they will take Dryworld back to where it was in 2017 (billion dollars company) plus some and won’t have to worry about being screwed by any financiers. Deal with SLT indicates that they have kept their connections and that many companies/teams/firms want to work with them - it’s because Dryworld delivers quality and innovation. And this deal is just first of many to come - anyone who did their DD knows how big this can get. I’m gonna be holding my shares long term (possibly some forever) - opportunities like this do not come around often.

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