RE:RE:RE:RE:RE:RE:$325 million in long term debtbandit69 wrote: As I said, selling is typically an exit strategy not a career starter.
listen to yourself grasping for anything. the capital markets/private equity markets would beg to differ. founders sell their businesses to build and grow them all the time - that's exactly what a company does when they go public or do a private financing raise. this happens every day in the M&A world in all shapes and sizes of businesses.
selling a company and taking shares, or a VTB, isn't always a complete exit and can sometimes (many times) mark the beginning of growth of a company.
I am sure many others here would agree.
bandit69 wrote:
Again, the term is serial acquirer. I've never seen a successful one.
that's probably because you seem to mostly follow micro cap penny stocks. have you ever heard of Constellation Software? Open Text? Alimentation Couche Tard? there are many more great serial acquirers out there. there are also many bad ones. prior to being acquired by WELL, MyHealth completed 30 acquisitions and CRH has completed upwards of 40. the roll-up model makes sense for this size and scale of ASC and clinic business. especially since growth of CRH/MyHealth can be funded with bank lines. here's where you bring up Crescent Point Energy, yet again, and pat yourself on the back for making that call and seeing the CEO ride into the sunset. we've heard the story a million times now.
you have the undying need to reassure yourself and everyone else on the board that you're "right" and this company will fail for some reason, despite no (purported) financial interest. I would suggest setting up a telehealth appointment to get that personality disorder checked out.