The benefit of Dicon wasn't just its distribution channel. The merger also allowed Spongetech to eliminate some overhead costs they were incurring to outsource production.
So while I hear you that this wasn't a slam dunk with millions and millions in additional revenue, any time you can decrease overhead costs, it helps. The distribution channel alone was worth its weight in gold.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.