Ray's Hot Topics
The 2nd qtr 10 Q showing a zero revolving. It seems as Ares Capital has turned off the money spigot. It also appears as Ares Capital converted a unrealised loss from 1st qtr to a new PIK loan on the 2nd qtr 10Q. I share my thoughts on that. As well I share my thinking regarding a possible strategy in the dismantling of Visual Edge IT.
As I share thoughts from the porch this morning think about the reality of the private equity investments in the print industry. With the help from Artificial intelligence financial reporting will go to a another level. As investors consider the investments in technology whether it's technology of the future, technology of the present or as in the case of our industry technologies of the past. The level of scrutiny is going to a whole new level. The print industry will not simply be allowed to share alternative realities anymore! The future of all technology resellers will face changes and being prepared based in reality will be mandatory. BTW there's actually over $500 billion more in coming soon Zombie assets, assets 7 years or older today. One would think if these organizations didn't sell in the last 7, 8 or 9 years they probably will indeed join the Zombie Club!
Katun is such a small player are they completely delusional in their aspirations to be a player in the MFP arena? In today's episode I dig through the numbers it is sad. As I believe KATUN sees itself as David in the David and Goliath Story. Unfortunately I believe KATUN lacks the discipline to get the intellect needed to use the slingshot!
In this episode I share the three things that are essential to any media outlet sharing information for the industry's actors.
As I dug into the Business Technology Association (BTA) 990 Tax Filing I was amazed and concerned. The Great New is, neither the amazement nor concern was based in any recognized malfeasance. The two associations the BTA and Its Scholarship entity are sitting on massive assets. The war chest in amazing! So, the question or concern is, should those assets be deployed differently to really help the association’s members who are in a war against massive disruption and major competitive threats? In this episode I share the numbers on the filings and thoughts on the association's apparent strategy as their 990 tax filing describes it to me.
Of course I will address Mike's interview with the leaders of Marco Technologies. It was predictable but completely amazing what these three gentlemen didn’t mention. Especially as they throw out hits that the whole interview is to share their alternative reality to my content regarding the real issue involving Konica Minolta and MARCO I will also discuss a couple recent press releases. One regarding DEX Imaging and their latest acquisition of NECS. The other press release regarding Konica Minolta and Visual Edge IT.