And the hits keep coming ....14 months ago Adam Wyden estimated the CTM Media business was worth $30 - $40 million: https://markets.businessinsider.com/news/stocks/adw-capital-partners-l-p-seeks-sale-of-idw-media-holdings-inc-to-maximize-value-of-intellectual-property-1028004823?op=1#Today, IDWM announced a deal (subject to a majority of the minority vote) to sell CTM Media to CEO/Chairman Howard Jonas for $3.75 million in debt forgiveness and an undefined contingent earnout: https://www.accesswire.com/597821/IDW-Announces-Sale-of-CTM-Media-Group-its-Tourism-Focused-Subsidiary [Jonas is also converted an additional $1.25 million in debt into shares at ~$4/share.]Of course Wyden may well have been too optimistic, and a tourist brochure business certainly isn't the best business to be in right now. But this really has been a disaster for years.
Presenting at LD micro.. .seems promising. There is a webcast... https://finance.yahoo.com/news/idw-media-present-9th-annual-162500122.htmlAlso, another big comic book deal...its valuable...https://variety.com/2019/film/global/steven-paul-buys-atlas-comics-paramount-production-deal-1203216889/Not sure the angle to sell here.. Down from 50.00 and strategic value of content never been higher..
