Replies to post #18219 on CSMG Technologies, Inc (fka CTGI)

[abbam]

you get it cheaper that way then acquiring a running business

[magicatlast]

Avoid acquiring some undesirable baggage, like maybe accounts payable, unfunded employee benefits, legal entanglements, etc, etc.

Magic

[maddogs]

I believe Vir was purchased by another co. several mo. back. if I remmember correctly. The purchaser probably consolidated
assets. Frank probably got the most knowledgeable employees, (longest employment and thereby did not want to relocate) from VIR.

When taking into account, discount to markup from paying Virs
profit, Frank has just increased the margins on the Handset tools.... certainly 15%,,, maybe as high as 38%!!! This also fixes price cost for tools and gives a lot of flexibility in
pricing against competition loooooooong term. Very fortunate for us:)