I have no problem saying nice things about the business. As I said in my last post, I think it works well as long as the application isn't too fast.
I think their subsidiary has a nice business. They have won awards and have enterprise clients and nice revenues already.
We know exactly what the acquisition is worth. They sold for $9.7 million. That's worth fifty cents per share. Where is the rest of the value coming from?
It's hope that they are going to do hundreds of millions of revenue with glassware. I just don't see the customer demand you all believe is there.
It's an interesting niche business trading at about ten times what it is worth.