I am also cautiously optimistic however I must say, it's disappointing to read alot of the negative sentiments and hatred comments directed towards Joe Demase & management who clearly create wealth from a diabolical situation
Let's be real people, Joe & Glen turned around MLB IT | Netregistry | Webcentral into something material.
In July 2020, Siris Capital Group's Web.com offered Webcentral AU$0.10 per share, approximately AU$12 million, to wholly acquire what was left of the company.5G Networks then raised its paddle, bidding AU$0.177 per share last week for a deal valued at around AU$21.6 million.
October 2023 Webcentral sells hosting business for $165M, rebrands to 5G Networks will use funds to buy complementary technology, cloud hosting and managed IT businesses.
Let's get behind Joe and Glen to see them do it again before 2025.
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