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C.R.T

11/07/15 12:41 PM

#13780 RE: spudsuds #13777

Most startups these days are in the red for the first 5-10 years and by 50-250m. The truth is NACS was selected by the gov't and state gov't to build their vehicles. These vehicles are not cheap, NACS will be bidding for other contracts and they need more staff, warehousing, raw materials and money to meet demand from the US gov't and state contracts...

That's why this merger makes so much sense. Even without the merger GDSI is a gem with huge growth coming the market just didn't notice it because it wasn't a beverage play or a cannabis play.

Enjoy your weekend
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retiredtech

11/07/15 12:45 PM

#13782 RE: spudsuds #13777

That $2.9M loss is NOTHING in a deal this size, pocket change.