Your disagreement with me is perception. I expect a buyout somewhere down the road since he is the majority shareholder. When Dye was running Albertson’s he was running the company but the company wasn’t public and he had other board members he had to answer to. Now he is in charge and controls the majority of SHWZ so no one can dictate to him what to do. Here is my opinion on the matter is that when Dye was running Albertson’s, the board wanted to take the company public and Dye didn’t want to be pushed around from other board members and shareholders. From what I was able to research is that Albertson’s wanted him to stay very badly but he declined. I have no documentation that my theory is completely factually but it kind of makes some sense.
So Dye leaves Albertson’s and they go public after his departure. Meanwhile Dye gets involved in SHWZ and takes control and majority of the company. He is now the big gun and can control his destiny. Remember upon Dye leaving Albertson’s he created a venture capital company (Dye Capital) so he was looking for something to invest in. Venture capital companies are not started so you buy a company to run it but are to put your capital to get great returns. Dye’s background in retail plays on two fronts, using his excellent knowledge of retail and getting into one of the biggest and fastest growth business sectors going. It is a win-win situation for a man of his talents.
So while we would like to know what Dye’s exit strategy is would be giving away his hand to get the maximum return on his investment and our investment. I stress that everything is for sale when the price is right. Dye will stay on his talking points to be consistent so he can keep his growth strategy close to the vest so he can make acquisitions that are accretive to earnings.
I will say that I am close to a long time retired food sector CEO who built a company giant and he is incredibly impressed with what Dye is doing at SHWZ and he believes the company will be a revenue profitable giant in the cannabis field.