Posted On: 04/30/2014 5:39:46 PM
Post# of 56323
I've always wondered about the large number of shares associated with this stock - 3.4 billion. Here are some scenarios that could be used to get the share count down - and share price up big!
1. Once the operation is going, I think they will use the initial profits to go back into the business for buildings, infrastructure, etc. They would not have to get a loan or make deals to give away a percentage of the profits. Once that is done, shares could be purchased from the remaining profits. I believe that this could start within a year.
2. Once the operation is going, maybe they could get a private short-term loan to buy back shares. Many companies borrow money to buy back shares. As the company becomes more operational and legitimate, the risk from a borrower will be reduced. I believe this could begin to happen in 6 months..
3. Possibly a combination of #1 and #2?? They company has a market right now of about $315MM.
Does anyone have any other ideas how the large share count could be reduced??
GLTA.
1. Once the operation is going, I think they will use the initial profits to go back into the business for buildings, infrastructure, etc. They would not have to get a loan or make deals to give away a percentage of the profits. Once that is done, shares could be purchased from the remaining profits. I believe that this could start within a year.
2. Once the operation is going, maybe they could get a private short-term loan to buy back shares. Many companies borrow money to buy back shares. As the company becomes more operational and legitimate, the risk from a borrower will be reduced. I believe this could begin to happen in 6 months..
3. Possibly a combination of #1 and #2?? They company has a market right now of about $315MM.
Does anyone have any other ideas how the large share count could be reduced??
GLTA.
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