I strongly suggest holders go check out the investment firm our new board member is from and view what they do.
Here is one excerpt:
"Virgo targets specialty chemicals and materials businesses. The firm is seeking companies with a compelling return-on-invested capital via project-level capex such as plant expansion and/or through complementary product line development and sales growth".
"Targeting companies with an identified inflection point of value that can be catalyzed by via financial and human capital:
-40m-300m enterprise value target size
-Break-even 30m in initial ebitda target size"
The firms Spica Alpha Unit provides strong human capital to upgrade management teams, implement technology to scale productivity alongside growth, the list goes on.
Well some of the veil might be slightly lifted as to the language and their intent by reviewing who exactly our new board member is.
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