Tuesday, November 07, 2023 11:21:59 AM
I do not respect our CEO's skills relative to marketing but I do respect her for both her scientific skills and intellectual capacities.
Why in the world would just sell our (her) company for $5,000,000 ??? Pet shops are worth more than that.
THE PROBLEM WE HAVE is marketing, ability to generate revenues and manufacturing costs. The value of the company is based on our products. If someone buys us, he shall have manufacturing inhouse manufacturing facilities and marketing programs to integrate us into at minimum additional cost.
If our CEO decides to open up to offerings (???) she has something to offer that could be atractive to many. I just hope she would accept help negociating. I finally assume that a major in our industry would be happy to make the acquisition thru issuing shares of it own instead of throwing out cash.
The example I gave earlier is just that 'an example'. However current market conditions in our industry should make us a great acquisition target for many.
Thins being said, our stubborn CEO may very well still believe she will be a multi billion $$$ busines within the nex 2 years (objective she set 3 years ago was ($5,000,000,000 within 5 years).
Patiently,
Roger
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