RE:CRZ President says they aim to generate the most revenueoiljack, thanks for posting that interview. I've pasted a couple of key snippets on why this mgt is so shareholder friendly and will make crz something to behold! very happy to be long here!
But we haven’t been out there trying to raise a war chest. And that’s because of our fundamental belief that our company is undervalued, and when you’re in that type of a position, you don’t want to be raising extra equity money because you’re really handing out extra value that you could otherwise be preserving.
the number of investment opportunities and acquisition opportunities that are out there are immense, but tremendously overvalued in most cases. For us, we’re not looking to acquire companies based on a 2022 forward projection and buying a 5X multiple on revenues.
Longer-term, taking a look at us, two, three, four, five years out, you’re going to start to see us acquiring more of the brands that we are successfully supporting into the future. So in a year or two, expect to see a lot more of that as they become more successful and we start to negotiate terms with them. Also during that period of time what you should start to see is us launching into other jurisdictions