Cdub, Sperri — so I’m adding tomorrow, too. I was tapped out, but I got a little cash flow so I’m gonna buy another tranche at .02 tomorrow. An honest, modest amount probably 15-20k shares. Here is the reason:
I said this in a longer form before, so I like keep it short. Mark’s email and the resume’ of the new GC tells you everything.
Our last acquisition was the French fry deal. Anshu and the CFO said it would generate annual revenues of $9m - it was more a “foot in the door” type bolt on deal.
Okay ....so if that were size deals in upcoming deal flow why would they need the GC??? Okay that’s easy to argue...well bc they want his experience. Let me flip it.
When it comes to M&A it’s always about keeping M&A guys interested in the deal they work on. With a resume’ like the GC’s why would he have any interest in coming to VRUS if the deals were BLF and/French fry sized?
Answer, they aren’t.
The upcoming deal(s) is large enough, complex enough to be of interest to him...otherwise he wouldn’t waste his time.
To me, it’s very telling based on his INTEREST alone. He could probably finance a BLF or French fry deal with money out of his account from past bonuses.
Something bigger is about to happen here. The GCs interest is the proof.
That’s why I’m buying another few shares.