(Total Views: 424)
Posted On: 04/20/2019 12:27:18 AM
Post# of 36549
As known, I share your sentiment regarding Veneto. But, let’s give the benefit of the doubt in one key valuation area. The lowered negotiated price is around $14 million less, or nearly equal the amount ($15 mil) of the first tranche payment, which was for the pharmacies and lab. Obviously, we then need to hope the MSO is a worthwhile acquisition. DME-IQ seemed super early stage with just that one customer, so I wouldn’t factor that in as worth anything until it’s proven. But, perhaps the MSO model kept physicians and it wasn’t a wind down of pharmacies that still was the majority of those far lower than projected (by Generex) revenues.
![](/m/images/thumb-up.png)
![](/m/images/thumb-down.png)
Scroll down for more posts ▼