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snow

08/08/24 11:52 AM

#52935 RE: Leandroi2002 #52930

"A targeted strategic acquisition expected to add $200 million to $300 million in annual sales.
A $30 million raise in conjunction with the strategic acquisition and Nasdaq uplisting."

A company with a decent profit margin can hardly be acquired for a price that is not much higher than 10% of sales. Thednumbers suggest that the targeted acquisition is barely profitable if it is profitable at all.
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GigantorX

08/08/24 12:22 PM

#52936 RE: Leandroi2002 #52930

Oh man. This company is broke and in debt with nonexistent margins. How are you going to pay for this?