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Contrasting MassRoots (OTCMKTS:MSRT) & Dada Nexus (NASDAQ:DADA)

Contrasting MassRoots (OTCMKTS:MSRT) & Dada Nexus (NASDAQ:DADA)
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MassRoots To Acquire Empire Services For $14M: What Cannabis Investors Need To Know


Empire Services, Inc.
Denver-based MassRoots announced Wednesday it has executed a letter of intent with Empire to purchase all of its equity for $14 million in a primarily stock-based transaction.
What It Means For MassRoots: MassRoots CEO Isaac Dietrich called the acquisition a new beginning and possibly transformative, enabling the company to generate significant revenue and positive cash flows from operations.
Moreover, the transaction includes Empire s 10 operating metal recycling facilities in Virginia and North Carolina. Empire, which was established in 2002, expects to continue expanding its footprint in the upcoming quarters.
Empire s revenue exceeded $20 million in the last two consecutive years. The company also reported net positive cash flows from operations in both the 2019 and 2020 fiscal years. ....

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