RE:RE:RE:RE:Morning News: KNR signs NDA with Global HVAC companycanyousayiii wrote: Let me inform you Wilander. Last Fall, when Paul was introducing the company and spoke about the core business, he said that companies on that space usually become acquired when they reach $50-$100 million revenue level. He also said that as part of its growth, it is important to have about half of the revenue as recurring revenue. Based on this, and his projection of growth, he expected that they would become an acquisition target. Period. This information about the industry is not fully relatable to BioCloud, and you can bet nobody will just say how much do you want for BC and here is the check. In terms of selling assets, there can be many scenarios. KNR as a whole, BioCloud or the core business.
Did they hit their projecting growth yet??