No thanks, looks like a dud. Acquiring a 25 yr old business and the requirement for the performance shares to trigger is A, $1.5m in annual revenue and B, $3.5m in annual revenue. www.bambudigital.com
I repeat, a 25 yr old business...in the digital space....I would like to think those targets should exist already!
Only people doing well in this I reckon will be the people Everblu get in pre-pump then massive dump.
Ann: $2.5m Placement and Proposed Acquisition of Bambu Digital, page-2
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