“The main M&A is still in work”.... did anyone else read this??? So basically there is 1 target that is considered to be their primary focus.
This is news to me - before Mark saying this we could assume all 8 M&As were equal... like the French fry deal. This is not the case...there is 1 that apparently holds extra important connotation.
This is important to me bc....they have advertised 8 M&As on the table, but saying there is a “main” one means it is either the largest or most important — I’m assuming this is why the GC came on board. My thoughts is that it is so large that it will put us on the big boards and it’s a complicated transaction <—- thus needing a seasoned M&A guy.
This is the M&A that I think allows(ed) them to advertise that they wanted to uplist by EOY 2019.
To me, everything is progressing nicely...it’s just a quiet period and a time to buy.
Also I think the news is going to the investment banking conference is telling. Clearly they aren’t going to recruit young investment banking analyst after hiring the CC.....they are going to advertise they are either open to be acquired (unlikely) or looking to buy up strategic assets (extremely likely). Read between the lines people or like Mark said in one of his emails....just “read the lines” in front of you.