InvestorsHub Logo
icon url

deal guy

07/11/19 7:45 PM

#63515 RE: Bosox8 #63514

I think this still has promise. I don't see LRS merging with ECOS every day ECOS does their SEC compliance Kabookie dance (handley would never step into the liability they have created). That being said, the technology is good and has application.

Business Like ECOS (distributors) trade on multiples of sales (1-3x sales) or EBITDA (11-15X trailing EBITDA). If they reported something the market could actually value them.

I honestly would lend them money if they pledged the technology/distribution rights/JV as security and put a more competent person in charge of day to day ops that communicates and accomplishes something. Kwak if you are listening that is actually something I would do. Somebody needs to kick your respective asses