ADD TO POSITION --- BUY $CNXC at $77.81 ask with +SPM 88.97 tag. DAC is $79.175. RETAIN EXIT AT $120.00. $CNXC combining Webhelp is worth $4.8 bln or $120 per share. Upon completion of customary works council consultations, the parties will enter into a definitive purchase agreement $CNXC will acquire 100% of the shares of Webhelp with $CNXS paper.
Cost synergy benefits would expected $75 million in the first full year after closing, achieving a minimum of $120 million, net of investments, by the third full year.
Total transaction value of $4.8 billion and expected 2023 Webhelp revenue and adjusted EBITDA are based on an assumed exchange rate of 1.08 USD/EUR.
The transaction value reflects a $CNCX share being worth $120.00 per share.
The SPM tag confirms the value.
$BOMO The company is transparent and punctual. Impressive for an #OTC company. They are already acting like a #NASDAQ company. MOST IMPORTANT: Cruzani, Inc. is Conrad Huss’ new merger play. His previous mergers: in 2017 $CNXS went from .0002 to .018
in 2019 $RBNW went from .002 to 11 cents.
Let's see where Conrad Huss will take $BOMO in 2022. This is the beginning guys! 🤩
✅️No R/S
✅️Expanded Business w $EDR
✅️Raised $150k Bridge loan
✅️10,000% YoY Growth
✅️ @bowmonyc filed ON TIME.
✅️ Financials are NOT including TalentRobot and Interview Mastery.
✅️ management has been honest, timely and accurate.
✅️ @Mneece is real, successful, published, massive LinkedIn following, goals.
On Deck
⚠️FINRA Ticker change
⚠️SEC Offering to Raise $5M
⚠️Acquisition of Interview Mastery
⚠️Acquisition of TalentRobot
⚠️Software Upgrade v2.0
⚠️Monthly Calls
⚠️Client Reveals
https://twitter.com/apeddcrusader/status/1554803601721233408?s=21&t=uDcvfawozIlD65jLF2OkBw
$BBIG Five Narrow Lane is headed by the same person (Arie) as Momona Capital. Momona Capitals SEC filings lists $CNXS (OTC Pink .0000001 cent) and Elay (no longer traded) I am really trying to find something positive about Five Narrow Lane but everything so far has been companies that are either defunct, lawsuits, or in the case of Five Narrow Lane recent $ZSANQ and $BBIG are too recent to tell.
I did find that $ZSANQ laid off %40 of their workforce and you can check Yahoo Finance to see how their share price has been decreasing.
Too early to tell definitively if Five Narrow Lane is a Whale or a Vulture but I am leaning towards one with more info I find out.
