LIFX majority SH was 45% which is paid out in Cash and remaining 55% is bought over for .08 C per share. so valuation for 55% of LIFX alone is .08
now after complete acquisition BUD will have debt of about 15-20 mil, MC of about 160 - 180 M
Aprox combine annual revenue of 40 m LIFX (exactly same as 2018)+ 10 m Buddy = 50 m
savings in overhead for consolidated balance sheet will be capitalised only in 2020 to increase GP.
after AGM --CR to square up balance sheet.(this stock is for 2020).
huge potential here.. what if BUDDY designs new Alexa to go along with LIFX
IMO
BUD Price at posting:
8.3¢ Sentiment: Buy Disclosure: Held