This is a post I left last friday. Just wanted to repost it so those that didn't get a chance to see it, can view it and then see what they think. As to whether I really think that $10 a share is real, the answer is yes as AEP is a growing company with lot's of excess cash and potential to fly by and I'm sure the market has it's eyes on this reverse merger IF it has to do with them.
Here's what I've got. I've been doing some research into possible candidates for the reverse merger. To me, and this is just my opinion, CCMJ has had a lengthy and prosperous relationship with one of the companies, upto and including joint ventures and cross product involvement. I think that the other company, Arizona Emergency Products, Inc., is set to go public and since they and CCMJ have been doing such wonderful business together, I think that they are the front runners in the reverse merger. Arizona Emergency Products, Inc. has been growing at a pretty good clip and I think they have the cash on hand and the ability to expand both product lines so that the profits from such a merger would be in the realm of being very very explosive such as was seen when Microsoft went after Yahoo a few months back. Noooo I don't believe it would be on a financial par as those two, but I think the growth potential is just as dramatic. Arizona Emergency Products, Inc. has been doing some expanding over the last few years and I think they are ready to go public. In February, they opened a brand new factory that could easily support them and CCMJ's future growth.
Now here's one to think about. The one thing that is for sure recession proof is our police forces. No matter what, they will be their. Well, you put the camera's of CCMJ together with Arizona Emergency Products, Inc.'s line of products, and you have one company that has the ability to grow at an astounding rate. I have made contact with them and I figure I'll hear back from them on monday.
As to where do I see the price of about $32 dollars a share coming from after the RM? Well, that's an estimate that I came up with when I took into consideration the size of CCMJ and Arizona Emergency Products, Inc. and the growth potential that the business community will see when this goes public, and I came up with a price that is set at what I said earlier. Could I be off, YES I CAN. This is just my estimate is all. But I don't see how the pps could be any lower than about $10 a share on the low end to $32 pps on the high end. Either number is good news for us.
As for the other company in the running. I think they are based out of China but I'm not sure at all. This one is pure speculation. I don't know who it is but there are a few suitors from China that would love to reverse merger with CCMJ. This is all I've got on them. I should know more on monday and will let the board know what I have.
Anyway, all this is speculative on my part and I make no recommendations as to whether you should get into CCMJ right now. All I'm doing is reporting what I believe and what I see and find.
Xilo
