SOHM Inc (SHMN)

[SLC-JD]

Agreed, unless the acquisition brings needed client base/manufacturing capacity that would not otherwise exist, thus facilitating things like $750k POs. It's difficult for a small niche manufacturer to undergo enough organic growth to support a 15BB share float. An acquisition of this nature may support more rapid growth in the business, and justify more substantive increases in PPS.

Also note that the cost (whatever it may be) may be addressed in any number of ways; the lack of disclosure to date makes it impossible for the market to evaluate this transaction, contributing to the current stasis.