Ann: Cirrus Group Continues Sales Success, page-27

It is possible...

But what would you price a company turning $50m a year with no profit at?

If we use an estimate of 4 x profit as a handle for pricing a profitable company... how do you price potential of a non profit company?

Can a larger company see potential of added profit by larger turnover due to the purchase of CNW... add the turnover you still need to make profit from that turn over some how... Consolidation of resources may well help.... but what would that really generate out of the current $50m rev... $1m, $2m maybe...