ZoomerMedia Ltd V.ZUM

Radio might be next

[nozzpack]

$9 million in sales but not overly profitable because they are small operations.
Nfld Capital sold their radio interest to a national chain for $508 million, including $112 m in debt.

Total revenue was $165 million or about 3 times annual sales including significant debt.
Zoomer will sell its radio networks debt free so 3 times sales seems reasonable.

That would be about $27 million which would leave Zoom with about $50 million in cash.

[PitchinPennies]

Don't mean to curdle your latte, Nozz, but your paid tubthumpting for Moses and his POS company kind of rubs me the wrong way. The NL Cap deal was two freaking years ago. The economy and in particular the media landscape have changed significantly post-Covid. Moses hasn't changed, but it is a ridiculous thought that he might. Podcasts are where it's at right now, along with alternative

[nozzpack]

Pitching pennies,your posting spoor shows you bash every stock that you flit and post on. Get lost...

[PitchinPennies]

Lookie here. I'm taking instructions from a poster named No-pr1ck, another tough-guy with his own little keyboard to pound away on. Sorry if I upset you, tough guy. What I meant to say was, "You're bound to make a ton of cash backing Moses and his antiquated vanity projects. His money-making record has been phenomenal over the past five years. That comic strip he stars in in the