RE:RE:RE:RE:RE:Will CMM be next? MT TO ACQUIRE BODYSTREAM C. CLINIC NETWORKLeafs4Life wrote: They would not take that deal. The company has been public for less than 4 months and you already think they're getting impatient. I think you need to look in the mirror.
Management's aspirations are much, much larger than your narrow (and stupid) view of things.
The company has close to 15 million CASH in the treasury. An offer at 1.60 would only value the company around 55 million bucks. When you take the cash out that's 40 million for every penny of future earnings the company will ever make. They plan to do 17 million in revenue THIS YEAR. You think they should sell at less than 3x 2017 revenue? I'm glad you don't manage my money.
AHRBull wrote:
If they get an offer for $1,50-1,60, they will do it. Its all about making money. CEO owns a lot of shares. Don´t forget this point.
He must be frustrated about CMM share price after APH offer @ $1,40. Still trading below a dollar.
Lets say, APH will make an offer between 1.40-1.60, they will take it.
are you kidding us? Youre more stupid than I thought.
15 mio cash? Do the math you little freak. Cmm raised 8,4 in the aph deal. They raised about 3,5 in the .50 cent rto round. Thats it! Its not even close to 15 mio cash.
you are saying 17mio revenue this year? Are you stupid? Looks
like!
https://www.canabocorp.com/wp-content/uploads/2016/11/Canabopresentation-20161103.pdf
its about 7 mio revenue this year. Not 17 mio!
Come on. You think you know a lot about this deal? You know nothing.
If cmm will get 1.50/1.60 a share, they will eat it. The entire free float tradet since going public. And its still trading at these levels. Its not moving. Ceo will eat every offer.
now, do your correct DD, little kid. Im
glad youre not managing my money. 17 mio in revenue this year, LoL
cheers