Spin out reasoning check What I am still pondering.
DM has three verticals. EV / Medical / AI
So far for the last couple quarters only one has produced any significant revenue: Medical (Imagine Health).
Currently DM is not flush with cash like it was last year. It cost some $$$ to buy those clinics and get these verticals up. I am not debating if the all the money spent was or were great investments. But reality is we don't have tens of millions in the bank anymore.
Now. What I find interesting is all the news of spinning out our only profitable and revenue creating vertical at this time. Why? The only reason I can come up with is that you are very confident some serious reoccurring cash is going to be coming in from one of the other two.
I would not be suprised to hear of something big with some real $$$ attached. Soon after they activate the spin-out. And when does Marshal keep saying he is hoping to potentially spin out?
what am I missing ?