That seems logical, and right now, it makes the most sense.
It does seem weird though, if it is a mistake, that there are synergies between the companies. I can also see where buying 3,000 non-traditional point-of-sale kiosks that cater to healthy shoppers, like VEND's kiosks do, would have appeal for us. It makes sense because we are a distribution company and a player in the healthy beverage segment. Easier to dismiss this "mistake" if VEND were, say, a gold mining company.
I've never held a stock that has filed a Draft Registration Statement before two days ago. Quick perusal of SEC website, apparently the DRS allows for confidential submissions of paperwork during the IPO process.
Are we about to have some stock for sale? There is no liquidity. If there is institutional demand, this move would make sense. Seems dubious though.
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