This is a ridiculous pr to put out. Not even an LOI or MOU but a "discussion".
Management said that it was premature to disclose more details
Gee, ya think? But let's put out a few positive tidbits for idiots to jump on, like "The potential acquisition target is expected to report approximately $4 million revenue for the 12 months between July 2023 to June 2024, with a solid margin of operating profit.
So, why would they enter into any sort of deal with a company that can't establish it's own profitable business?
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