Replies to post #152485 on Kraig Biocraft Laboratories Inc (KBLB)

[TRUISM]

Allow me to show you an example of but one facet of Versa's business model:

Versa Capital Management Completes Successful Sale of Bell and Howell-December 4, 2018

Versa, along with co-investor Access Value Investors, acquired Bell and Howell in 2011, and this sale is the culmination of the successful repositioning and realization of the investment which included two previous division divestitures in 2017 (BCC Software and Fluence Automation).

Versa worked closely with Bell and Howell’s management to lead a significant and value- creating transformation of the Company’s business over the last seven years. Versa supported management’s right-sizing and repositioning of the Company, transforming its legacy business of supplying high-volume production mailing systems and services, into a highly profitable and growing business focused on providing technology and mechatronic service solutions for business-to-consumer communications and commerce.

“We are very pleased to see our investment in Bell and Howell reach its successful conclusion through this multi-year strategic repositioning, performance improvement and asset divestiture program,” said Gregory Segall, Versa’s CEO. “All three sales have enabled Versa to provide a significant return for our investors, while providing each of the divested business’s customers and employees new ownership to continue their growth. We wish WestView only future success.”

I rest my case.







Blessings
TRUTH