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Bullboard - Stock Discussion Forum Ackroo Inc V.AKR

Alternate Symbol(s):  AKRFF

Ackroo Inc. provides marketing, payment, and point-of-sale solutions for merchants of all sizes. It develops and sells an online loyalty and rewards platform. The Company also offers e-gift card, GiftFly, for small to medium sized merchants. Its self-serve, data-driven, cloud-based marketing platform helps merchants in-store and online process and manage loyalty, gift card and promotional... see more

TSXV:AKR - Post Discussion

Ackroo Inc > 50% Return on your money
View:
Post by ando on Jan 08, 2023 11:38pm

50% Return on your money

From these levels is pretty much guaranteed with Sckroo.
Buy down here and enjoy.
Comment by Torontojay on Jan 16, 2023 5:10pm
Hi Ando, what are your thoughts on the acquisition?  I think it's risky given the current environment and I would have preferred them to improve their balance sheet instead.   
Comment by ando on Jan 17, 2023 11:21pm
Hi TorontoJay  My belief is that every morning we get out of bed,  life is risky.  That said,  I believe the deal was done at a .12 valuation. On top of that debt has been taken care of and more is on the chopping block.  In a nut shell, our CEO  is a money guy, much like myself so I have the world of trust in him and my $$$$$. We are good IMHO   Ando& ...more  
Comment by Torontojay on Jan 19, 2023 4:48pm
I personally believe he's being reckless in this environment taking on another acquisition. The balance sheet is very poor and he should be growing organically during this time and improving his working capital.  We know he's made a bad acquisition before and there's no guarantee this one will be a good one.  If it turns out to be a bad deal, then I'm afraid the ...more  
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