Actually, we should care a great deal of what the client does with the business.
The reason is, based on the information we have, this is essentially a stock swap deal. If the new company doesn't prosper, then the 5% interest we have via IFGX won't be worth much.
To prove my point, look no further than our "sister" company, GVHL. Back when all the hullabaloo was going on about that company, we were told they had profitable ongoing operations; 21 banks on their closed-loop system with literally thousands of customers. We have an approximate 25% stake in that company. Yet, months after management made that deal, we have a company that has zero trading volume, no retail interest, and no market. It appears as though the company is in hibernation. So, currently, our 25% interest in GVHL really isn't worth much, at least from a liquidity standpoint.
Therefore, we better care a lot about what happens with the new owners of MMOD, and their business model. If they go into salt (!!!), or dogbones, it better be done right, and they better be successful at what they do, or else our cut of the pie is going to be worth nothing more than conversation.
|
Angehängte Grafik:
cashnowworldwidegenericrz1efgo.jpg (verkleinert auf 60%)
1 |
2 |
3 |
4 |
|
6
Thread abonnieren
