without looking at the balance sheet from memory ESH has about...

without looking at the balance sheet from memory ESH has about 3mil to purchase something with. Assuming they want to buy a cash generating business on a standard tech multiple we would be looking at a company generating revenue of about 250-300k per year assuming its a growth business. ( take with a grain of salt I didn’t go over the reports)
ESH is still going to need cap raise after cap raise here. Gernot needs a pay cut to create any form of shareholder value. i have no idea how ESH has such a high MC as it is in theory worth less than its cash in the bank.
not going to lie I wouldnt mind losing all I have left in this dog to see ACA or today tonight chasing him through the streets.