Feb. 21 at 3:18 PM
$CREX @alstart59 @MrRonoldFrown @nicjoh @__caroniii Guys after reflecting on Rick's video and just thru my career (which is PEG M&A), taking out the warrants and cleaning up shareholder equity...Rick saying George Sauter is "buyside" M&A...i would very much expect after Q4 earning..somewhere between April - June, they will anounce the closing of a
$25MM deal...
$5MM EBITDA...with
$2-
$5M addtional synergies..and then antother deal in the fall...cleaning up those warrants ...smells of setting the stage for M&A..and truthfully ..if stock gets to
$4 ..they can use that as considertation ..and be accretive..i could see a deal..
$15MM cash down (borrow from bank)..
$2MM seller note..and 2MM shares @
$4...AND you pick up
$5MM EBITDA +
$2.5MM EBITDA thru synergies...i think several of these are coming ..if existing synergies from CDM are happening (if they are not...then no M&A)...
