Ok I'll play. Speculating on this is way more fun anyhow...
I like someone else's brilliant suggestion of a thong factory. But probably not. It's no doubt going to be something related to Bud's core business which is data for connected devices. I figure it's either something that compliments Ohm or another product that feeds into Buddy cloud. I'm 50/50 on which is better. On the one hand, anything that accelerates ohm sales is good. Maybe some sort of sensor to go with their monitoring packages, such as water or refrigeration? Or maybe it's a competitor. Dave has always said that they closely watch their competition.
But, another separate revenue stream would also be good. Maybe something to do with connected cars? kinda sorta like Thor but for "normal" vehicles. More revenue streams would help get this stock moving again.
And someone else found the link that says 15-20M placement so this is no minor deal. 6 months in the making according to the commentary from the Q. Also from the commentary, DM says that the company is still on track to make break even this calendar year, and so I'll "forgive" the numbers in the Q report if this acquisition will make that happen.
BUD Price at posting:
9.5¢ Sentiment: Buy Disclosure: Held
