Pacific Sands Inc. (PFSD.OB) Management Makes Strategic Acquisition
The company’s latest acquisition makes sound business sense, and the terms of purchase secure essential stock value. Since the management has established significant equity in the home, pool, and spa cleaning market, there are significant profit implications in adding a whole new range of products for the marketing and distribution overheads to service. The management has done well to retain the services of key personnel behind the business it has acquired, and the negotiations to pay for ownership over a period of about three years implies attractive cash flows from the investor perspective. This is why investors should expect the…
