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On4 Communications ONCI
(Total Views: 299)
Posted On: 07/24/2018 6:10:53 PM
Post# of 40991
Posted By: Havenstein
Re: All Good #15107
I also have pondered follow on sales but don't forget that SB said the CarMax and autonation will triple revenues. At the time that he said that we were already earning $1MM/Q. So, $12MM/Y is potentially in the cards and that doesn't include any new future deals. I did the math and calculated that with this potential the wait is worth it.

Twelve million annual revenues gets us over a nickel to say the least. Much higher if the stars line up in our favor and they can. We get there much faster with name change etc. MJ, big box, insurance, new dealer groups, big auto - these are all real possibilities.

My only disappointment is to find that nogoodnicks can suppress the price in such an underhanded way. How the hell they can sleep at night is beyond me. On the other hand, low prices are a gift for those looking for good deals.

I'm looking forward to hearing about global business operations in the next letter and any updates regarding MJ, the 6th arm, FINRA, and DE debt.

Anything SB has to say interests me and I think it's great that you communicate with him and can share.













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