(1) Increase capacity to current $170m. ( Is the ball park on how much of an increase?) (2) Completes in house vertical integration with $US400k saving per year from this leg alone. (3) 30% improvement in speed development and product cycles. (4) Fast track company growth path. (5) Uses 30% cash and 70% equity for the $800k. ( No mention of an escrow period but I shall be asking James on that via Email.) (6) Fast installation and proven operator.
Also in my email will be a question on current revenues/customers and profitability and whether those customers will continue to be serviced.
Will post answer here when it arrives.
BLG Price at posting:
5.4¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)