Posted On: 06/13/2014 5:08:40 PM
Post# of 96897
I would rather they BUYBACK More Shares!
With your example below: I would prefer:
"28m @ .0850 = $2,380,000.00" if they have the money set aside
"56m @ .0425 = $2,380,000.00 Just a thought
Today's low was .038 if it is around there or goes lower.
I would love to see them buyback around 100 million shares!
I honestly believe that this is a realistic possibility! We need to reduce the amount of shares outstanding if they are going to be trading at such a low price!
I would love to see them do what is in best interest of the company, and cancel the dividends for this quarter due to "a chance that will not come around again" and use the money to buyback more shares!
Let's say they have the money from their other streams of revenue "this month would be the time to "spend as much as they possibly can on buying back shares without jeopardizing their cash flow for business"
I think we are all going to see a HUGE JUMP in the share price after an announcement, it just depends on when. Sometime within the next 3 weeks or month!
With your example below: I would prefer:
"28m @ .0850 = $2,380,000.00" if they have the money set aside
"56m @ .0425 = $2,380,000.00 Just a thought
Today's low was .038 if it is around there or goes lower.
I would love to see them buyback around 100 million shares!
I honestly believe that this is a realistic possibility! We need to reduce the amount of shares outstanding if they are going to be trading at such a low price!
I would love to see them do what is in best interest of the company, and cancel the dividends for this quarter due to "a chance that will not come around again" and use the money to buyback more shares!
Let's say they have the money from their other streams of revenue "this month would be the time to "spend as much as they possibly can on buying back shares without jeopardizing their cash flow for business"
I think we are all going to see a HUGE JUMP in the share price after an announcement, it just depends on when. Sometime within the next 3 weeks or month!
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