WELL Health Technologies Corp T.WELL

this company will be sold

[monty613]

Hamed and management own far too many shares. we will wake up one day to a spin off or outright sale - there is no doubt in my mind.

Hamed alone owns > 10% of the company - approx 21MM shares if you include the options and RSUs:

Insider Name: Shahbazi, Hamed

Insider Relationship: 3 - 10% Security Holder of Issuer, 4 - Director of Issuer, 5 - Senior Officer of Issuer

Ceased to be Insider: Not Applicable

  2021-06-17 Common Shares 12,373,914

  2021-04-22 Common Shares Impactreneur Capital Corp. 6,456,629

  2021-11-25 Convertible Debentures - Common Shares Impactreneur Capital Corp. $75,000

  2020-05-05 Options (Common Shares) 1,900,000

  2021-06-29 Preferred Share Units (Common Shares) 300,000

  2021-06-29 Restricted Stock Unit (Common Shares) 300,000

 

[HotDiggityDogg]

I agree 100% with waking up one day and seeing that Hamed has sold the company. I just don't know if that can happen in current environment and before WELL is actually profitable... and I'm not talking about non-GAAP , adjusted EBITDA stuff. I mean on actual EPS! 

[thelostarc]

Hamed has said many times he plans to grow the company into a Canadian health technology bohemoth. Why would he sell for $1Bn when he and team can build the company up to $10Bn or $20Bn market cap... and have it become a stallworth of healthcare for decades to come? WELL will be a stable, free cash flowing, dividend paying company in 7-10 years and will be a cornerstone of most dividend growth

[speedy99]

Well stated, agree 100 per cent.

[monty613]

because he owns 21MM shares. if someone waves an offer in his face of over $10+ here, I would have to think he will consider it? not to mention the price also got smashed from the $9.80 high back to where we are now. he's not desperate, but he is clearly incented to build and sell because he can't liquidate 10% of the company on the open market. WELL has huge cash compounding

[BigTT13]

Unlikely, but anything is possible.  I'd definitely say not before it makes Hamed a billionaire. I believe it's one of his ambitions.

[HotDiggityDogg]

He would sell this company at 7$ today if he could. People who talk about a 20 Billion dollars have NO clue what it takes to grow a company to that size and just like to day dream about hitting the jackpot. WELL already had its jackpot and made a bunch of people very rich. 

[brandinvestor]

Highly doubt $7, I'd say they would need at least $9.80 which seems to be what they buy everything for but most likely 3x stock price or nearing $15/stock. The reality is Hamed is already really rich from his dealing with Paypal, this is just icing for someone that rich.  That being said, if they focus on the Canadian market they are looking at a max 3-5Billion valuation, they need to