Re: FW: <no subject>
Hi Andrew,
On an operating basis-yes, However, to recreatethe network,and current "a=sets",it would take 2.3 years and more money than that. The businesses u=ually are valued at one times revenue. Most recent sales have been a small=multiple of that. I am aware of the potential, as are you. If you prefer, =e can structure it as a convertible preferred. I look forward to hearing f=om you.
Best
Jean lUc
Hi Jean Luc,
Amazing last night! I have to tell you how my night ended!
Regarding your email. Lets talk next week. Would this assume that the new c=mpany does not take on the IRS liability?
Andrew
Andrew Nikou
Founder & Managing Partner
OpenGate Capital, LLC
1999 Avenue of the Stars I Suite 1830
Los Angeles I CA 190067
Hi Andrew, It was=great to see you dancing like a teenager. I don=92t know if your brother works with you but he is also a lot of fun.
Coming ba=k to business, as you are aware, the transaction can be structured in many=ways.
1. Do you want the tax benefits? ( contract, dep=eciation, etc...)
2. Do you want the possibility of taking public=later, if so. Initial transaction needs preparation
- Do you want this to be he hub of a larger ac=uisition strategy..., i.e. Do you want to buy other agencies for paper?
<=pan style="font-size: llpt;">Call me to let me know how you have finishe= the evening. I have an idea as the blond girl with short hair was all ove= you, but I have left early. Best Jean Luc
Hahahah, thanks, we all sometimes need a time out!<=r>
Here are the answers to your questions:
1 – yes
2 – no go public for now, however, we always keep the options open for th= future.
3 – Yes
I will call you very soon. Andrew
Andrew Nikou
Founder & Managing Partner
OpenGate Capital, LLC
1999 Avenue of the Stars I Suite 1830
Los Angeles I CAI 90067
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Andrew --further details. do you currently have a corp that you would us= for the acqusition? , or would you want to form a new Ilc, if the going p=blic option is viable, maybe a corp makes more sense. ( all the normal add= ons anti) dilution,tag along drag along etc ) - If you want to buy oth=r agencies for paper , a higher valuation may be in our interest. , otherw=se you might consider assuming debt ( lc and irs ) and putting up sm=ller amount of cash. 1.5-2m. With the economic crisis not yet in its sprin=time. there are many things to buy