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Thursday, 04/07/2022 9:26:30 AM

Thursday, April 07, 2022 9:26:30 AM

Post# of 29066
With all the acquisitions/partnerships that GAXY has formed how come they have only penetrated a handful of states with sales. Here is something else I find interesting with the acquisition of Interlock Concepts. Supposedly 5 BILLION dollars in sales over a 5 year period yet GAXY's market cap is just over 5 million dollars. Doesn't add up. Gary LeCroy, Galaxy’s Chief Executive Officer, commented, “We are pleased to close this acquisition ahead of schedule, as we previously announced our target date of end of September. We are very excited to add Interlock Concepts’ innovative audio technology to our product suite, as its something that our end customers, especially in the K-12 market segment have been demanding. Interlocks strong growth in the first half of 2019 supports our belief that their technology and positioning in the marketplace will help accelerate our growth. We look forward to working with Brad Ehlert, who successfully started Interlock Concepts and bootstrapped the company from inception. Brad has created solutions implemented in over 1,000 schools valued over $5 billion in 5 years.”

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