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lazur

03/23/23 11:39 AM

#19740 RE: damAcon1 #19738

Well, the big worry is going private. But Dye's constant and continual references to building shareholder value would then be a lie, and I don't see that in his nature or his direction for the company. This isn't a stock whose name should never be mentioned even in an angry **HUF. We have a large war chest still, so share count increase at these 52 week low prices doesn't make much sense. It would be wiser to use the war chest to expand, increase share price from that expansion, and then potentially sell more shares to keep growing then.

Buyout is also not in his nature, merge yes, buyout no. I could see a purchase or merger of another MSO or portion of an MSO's portfolio that supports his regional plan, and the due diligence on something like that would of course be larger, more difficult and time intensive than these one-off mom and pops. That to me makes the most sense. But whom to merge with, as Dye's last interview noted, isn't easy to discern since after opening the hood on these intended acquisitions a lot of the known or published data may be suspect. So it's hard for us to pick a true winner they may be targeting. It's worth waiting it out a few more months, that's for sure.