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Tony Morreale

Oct 6, 2026

3:58
... can you just explain to numpties like me what sale ready means, and what an exit means? That'll be really helpful as well.
4:05
Yeah.
4:05
I mean, I, well, I, I, I'll try my best to explain.
4:08
So sale ready means getting all your ducks in a row, so when you, when you come to be sold, uh, and there's a due diligence process, it's a really smooth process, right? So you wanna avoid any hiccups or issues or any sort of, uh, curve balls, uh, at all, which can derail the process significantly.
4:26
So that's, that's, that's getting sale ready, really.
4:28
That's, that's, that's that concept.
4:30
So, um, at, at, at, at Petlab Co where I was, um, we, uh, decided that we were, uh, going to look for a, a potential investor to buy a, a majority of the business, and we decided to do that in early part of probably 2023, and we, uh, selected that and appointed advisors.
7:36
Was, was there a balance in that message about, you know, how it's potentially going? Well, how honest were you, I suppose is the question.

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