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Re: researcher59 post# 109265

Friday, 12/08/2023 1:38:58 PM

Friday, December 08, 2023 1:38:58 PM

Post# of 113231
I don't know, but my WAG is stock stays around where it is until the uplist happens. I don't think there is any cash in that SPAC, just a cheap and quick way to get on Nasdaq. Management already knew about this deal so they may have sandbagged the numbers the last quarter so they could ensure a good quarter near when they get to the Nasdaq. A company showing decent numbers on the Nasdaq I'm guessing gets a higher P/E than the current 4, maybe a 7? The $176M pro-forma number is just an application of a higher 14-15 P/E, which isn't that unreasonable, but still a make believe number they just pulled out of a hat (they probably need to pretend they found alot of value to protect themselves legally). So the value here is whatever P/E you think VASO can get on the Nas. I'm probably wrong.

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