RE:Spin out reasoning check Venator wrote: 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 ?
I have wondered about this as well and there are only 2 reasons
I can fathom for DM doing so..
1 They need cash. But why get rid of Medical when there are other ways to
raise cash rather than spin out a profitable and growing vertical? And MG has stated in last discord cash is ok. Soooooo...
2 Something really big is cooking. It might be that it is not quite as ready as perhaps MG would have thought. But it is coming and will consume a lot of DMs focus in the future. OK, here comes another..
3 The big thing ( s ) come and with that lots of cash. The spin out allows a couple of things to happen.
1 It allows DM to concentrate on the big thing ( s )
2 Provides DM shareholders with some additional value as all existing
DM shareholders would receive shares in the spun out Company.
Also would provide a timely cash injection to DM to allow DM to handle
the big new business and expand from that as well.
I can hear the bashers already.. Ya right.. No way.. Gimme proof.. Blah blah.
Which is actually reasonable. Except I say right now that these are not " facts "
but rather my own personal speculation. We will all have to wait to see where things go. No sense debating anything void of facts, right? So let's not waste time with that. JMHO