pretty nice volume today. Nice to see some activity. something is coming up. hopefully some good news in the works here.
I am not surprised about Rik's consulting firm. He has quite a bit of contact in the software and database industry. Just a matter of time until he start closing some deals for us. I am more interested in how he was able to acquire or license the ADS. No one other than RBB made noise about this. The ADS is huge because that was Rik's baby back when he was the VP of sales. There was some internal drama when the ADS was abruptly sold to four J's to focus more on the ACS.
Frank had mentioned to me that he was in negotiation with 4J's to re-acquire the ADS but I am no longer in contact with him. If the acquisition of ADS was even published or announced by Rik, it would have added like .05 cents to ANTS pps but why its not is up to debate. You have to remember back then that the ADS was booking 10-15 million per year in revenue. This is great addition regardless. The ACS should add another 35 million in sales per year. We have a 40-50 million dollar in sales when ANTS get rollin'. I am confident that a 3 million dollar market cap will not stand a chance when this company starts booking revenue.
Folks we know what we have here. This is a true gold mine. A motherload of things to come.