RE:RE:RE:RE:Annual Shareholder MeetingYes, but I would argue there would have been 1 mil+ cash flow without the acquisition.
The question is, how much value is added? It looks promising to me, but again I think large investors may wait until they can see EXACT details. eg. Does DMS have debts? Are they currently operating at a loss? (I'm guessing yes based on the value we bought at). Would love to see a complete breakdown along with their balance sheet.
I would agree with the fact that since a large bank debt financed this deal, there is likely a road map put in place already. I am bullish, but patience may be required to see it play out. Expenses will need to be cut, divsions merged, new customers slowly integrated into our upgraded platform, etc.
Execution, execution, execution. If we are able to combine seamlessly, cut costs by a couple mil, see DMS share of sales recover to 5-5.5 mil USD, and continue to push organic growth, there will be many gains to come. All comes down to execution and patience at this point.