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Re: Tiger Money post# 3910

Thursday, 04/21/2022 10:34:31 AM

Thursday, April 21, 2022 10:34:31 AM

Post# of 7181
I'd have to agree with you. They're going to hang out in OTC and finalize acquisitions. I can about guarantee they know who they're acquiring and they're working on it as we speak but it's a matter of putting one foot in front of the other...i.e go public, ticker change, etc etc finalize acq's then uplist. My theory on the type of acquisition (s) is similar to subscription type business. So basically they are acquiring market share. I've always wondered how you would increase revenue without much cost. Remember, it's not like they have to higher a bunch of people all at once because the staff is not being utilized all at once. If purely acquiring security customers that rely on their service makes sense. Basically, once the security equipment is installed then they just sit back and collect money via monthly service fee's/charges/subscriptions and deploy personnel as needed (alarm goes off). They're going to do this because it will instantly boost their financials and bottom line making them look like an even better candidate for when they apply to nasdaq. that's why I said it's import to re watch that interview. The interview also stated AGSS was a "well run" company. This typically indicates they're profitable, right!? So I don't think AGSS needs the money per say. However, again like interview said, the people joining the board recognize an opportunity to be a part of something even bigger than what LG could have imagined. Thus, I think going public an influx of capital will be used for these acquisitions to immediately grow the company into "something larger than they could have ever imagined"

Just my theory...
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