Avid delisted on NASDAQ

[SpinningDisk]

Originally Posted by Barry Johns

I knew that was coming. Sorry, Drew and I go further back around here.

I know Barry. Just busting👍☺️

[YYR123]

Originally Posted by Barry Johns

Most of the work I do is for Church bands for free



If I won the 250 mil powerball, the first thing I'd do is build the most amazing studio on the planet, make it non profit.....



Anyone want to join the powerball pool!

Good God this whole statement sounds like me.....

Free church music / and the desire to Build realizing there's no money in it

[zakco]

Originally Posted by Barry Johns

If I won the 250 mil powerball, the first thing I'd do is build the most amazing studio on the planet, make it non profit

Aren't they all?

[Barry Johns]

Originally Posted by zakco

Aren't they all?

Boy, that's another topic!

Barry

[DonaldM]

Originally Posted by Barry Johns

A food and beverage operation in Orlando. I can't mention the name due to public relations policy. You can find me on Linkedin.

Cool. I get down there from time to time on business and have family in the area as well.

[DonaldM]

Originally Posted by zakco

Aren't they all?

that was evil..really funny...but evil!

[corp]

Originally Posted by DonaldM

The presentation is for shareholders AND investors AND to satisfy financial reporting requirements. There's a language all its own here. Avid will make the necessary moves to re-list and by summer, they will be back on the NASDAQ. I don't look for a buyout here. Its a highly specialized market and who out there in the potential buyer world really understands it? One possibility would be a group to form a limited partnership. If such a group were led by folks who understand the industry and the AVID products and customer base, then it might be good to take it private again. In a limited partnership, generally speaking, a group of General Partners form the LP entity, put up the initial capital and then offer so much in Limited Partnerships. Usually it would take minimum $10,000 to buy in to such a partnership...possibly more. LP's have no say in the running of the company...that's up to the General Partners...but they do get a nice share of the profits and other financial and tax benefits. However, I don't expect an LP to happen either. I think, in the end, AVID will remain as is and get re-listed!

Agree, Avid will re-list but I still see no vision .....

[Barry Johns]

Originally Posted by DonaldM

Cool. I get down there from time to time on business and have family in the area as well.

Let me know when you come. Send me a PM.

[Barry Johns]

Originally Posted by corp

Agree, Avid will re-list but I still see no vision .....

Really, I think they have a powerful vision as it relates to all their pro customer base, which is in reality, less and less the hometown Studio. It's affecting lots of studios as we all know.