GREY:CVHIF - Post by User
Comment by
LAMBOon Jan 28, 2019 10:34am
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Post# 29288741
RE:RE:RE:HUGE NEWS!
RE:RE:RE:HUGE NEWS! yes the news did not hit all the sources...some volume coming in now... conference call later
even after the acquisitions, still cash left
“After accounting for our current cash, the cash needed for the closing of the acquisition targets under LOI, and finally the incoming cash from the sale of the outpatient businesses, we will still have a very strong cash balance of over eight million dollars after these acquisitions. We plan to use that cash for further acquisitions and organic growth. We also have the benefit of monthly cash flow and a strong asset base, including real estate assets. This gives us a strong platform for growth going forward and is another step closer to delivering value for shareholders. As a new and significant shareholder of BLVD, I look forward to sharing in the company’s success.”