TSXV:MRS.H - Post by User
Post by
SchiffKnowsBeston Nov 09, 2018 9:40am
194 Views
Post# 28949445
Table Set For Buyout!
Table Set For Buyout!Here is why I am saying such a thing: 1) Note the 30 day grace period we have put the current distributor in for breaching the contract. We are giving them some time to negotiate a friendly offer or they are going to end-up with nothing and we come after them with a lawsuit. The UNIFIRE acquisition is the best poison pull of all time. So do they simply let the $1 billion dollar distribution deal ++++ walk, or simply make an offer for us? 2) Note how Schwartz has terminated the current options for financing. Would make sense if the distributor was going to be buying us out. Also explains Schwartz is vague in telling us we have numerous financing options but does not disclose any of them. Current distributor will be giving us all we need I do believe. 3) Schwartz talks about tremendous progress since initially proposing acquisition of UNIFIRE. What is missing in this picture? From the naked eye it looks like we have not gone anywhere in nearly 4 months. Again I suspect we are only getting 1/10 of the story. Things are lining up nicely here I do believe and my bet is a friendly deal for MRS while allowing us to spinout AMBER into AMBER Co.