Posted On: 03/31/2015 2:39:47 PM
Post# of 5949
No R/S. BudGenius moving forward with strategy…
Does the company have plans for a reverse split?
No. As long as the current management is in place, we will never do a reverse stock split. The only circumstance where that could possibly serve the interests of company and shareholders would be prior to an exchange uplisting. Since there are no current plans to place Bud Genius, Inc. on the OTC:QB exchange, this is not an option.
Is the company going to do a buyback of stock?
We have received many shareholder requests to do a buyback to reduce the total outstanding shares of the company. We also feel the number of outstanding shares is too high. The company recently completed a buyback of nearly 5% of the company’s outstanding shares, and is presently in discussion about ways to do more. As buybacks occur, the shares will be cancelled and the board will complete a resolution to reduce the authorized shares.
http://bgmedtech.com/
Strategy:
http://bgmedtech.com/bud-genius-issues-2015-r...o-success/
Action:
http://finance.yahoo.com/news/bud-genius-anno...00026.html
Does the company have plans for a reverse split?
No. As long as the current management is in place, we will never do a reverse stock split. The only circumstance where that could possibly serve the interests of company and shareholders would be prior to an exchange uplisting. Since there are no current plans to place Bud Genius, Inc. on the OTC:QB exchange, this is not an option.
Is the company going to do a buyback of stock?
We have received many shareholder requests to do a buyback to reduce the total outstanding shares of the company. We also feel the number of outstanding shares is too high. The company recently completed a buyback of nearly 5% of the company’s outstanding shares, and is presently in discussion about ways to do more. As buybacks occur, the shares will be cancelled and the board will complete a resolution to reduce the authorized shares.
http://bgmedtech.com/
Strategy:
http://bgmedtech.com/bud-genius-issues-2015-r...o-success/
Action:
http://finance.yahoo.com/news/bud-genius-anno...00026.html
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