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NameSilo Technologies Corp C.URL

Alternate Symbol(s):  URLOF

NameSilo Technologies Corp. is a Canada-based company that provides domain name registration services and marketplace services for the buying and selling of domain names, under the NameSilo brand. It also provides Web services like hosting, secure socket layer (SSL), email, and premium DNS. The Company invests its capital in companies and opportunities which management believes are undervalued and have the potential for significant appreciation. The Company makes investments in both public and private markets and focuses on opportunities in a variety of industries excluding the resource and resource service sectors. The Company has a domain registrar in the world with approximately 4.89 million active domains under management from approximately 160 countries. Its subsidiaries include Netco Argentina S.A.,1155064 BC Ltd., NameSilo, LLC and NamePal.com, LLC.


CSE:URL - Post by User

Comment by TomsIdeason Dec 03, 2020 4:35pm
285 Views
Post# 32032132

RE:RE:RE:RE:RE:RE:Sold

RE:RE:RE:RE:RE:RE:SoldThe value of the shares will be determined by the market. If the market is acting rational it should be somewhere around cash value plus a value close to the investment holdings adjusted for debt. The potential kicker and elephant in the room is what will management do with the money. If they make a great acquisition and can double what they paid for it (like they did with namesilo) in just over 2 years, then there is a lot more upside. 

Right now its simply cash value plus investments less debt. And it’s $30mm usd so thats roughly $40mm cad. It would be like if Berkshire sold Dairy Queen. Simply an asset sale not a stock sale. Berkshire would get money for dq and nothing happens to the stock. Same thing here except we don’t have a portfolio of companies like Berkshire.

long answer but yes the value atm is cash plus investments And divide by shares outstanding. but I’m expecting to see that we will see some news soon. The deal has to close first. Paul is a good steward of capital and Id be surprised if they just pay a dividend and be done with it. I think there is another move here
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