News Focus
News Focus
Followers 18
Posts 2115
Boards Moderated 0
Alias Born 08/08/2007

Re: Anvil post# 38657

Thursday, 10/15/2009 7:27:54 PM

Thursday, October 15, 2009 7:27:54 PM

Post# of 375420
"I looked back at the pr for the initial acquisition, can't remember exactly what it was, but the multiple of EBITDA they were paying was nearly 10x, normal companies go for 4-5x."

I don't think they've ever said what they are paying for the acusitions. Along with the dilution that's one of the main problems here. Too many unanswered questions. We don't know waht they are paying or the terms of the funding. Will it be debt or equity, who knows. Everyone around here acts like the acusitions are coming for free. 150 million in revenues sounds big for a small company like QASP but it really comes down to what QASP has to pay for those revenues. Shareholders will be the last to know.