Posted On: 05/26/2015 8:11:36 PM
Post# of 96881
I hate to even debate this topic as I believe the company will never increase the A/S beyond its current level. They have a history of increasing it twice to just shy of 1B with a reduction in between and for good reason.
NTEK is but a handful of pink sheet companies turning a profit with cash on hand with the additional kicker of having the advantage of bartering for some content with their 4k studio division. Therefore if they ever announced another A/S increase I personally would begin to doubt the validity of their profitability claims. Any A/S increase to the level you suggest and I guarantee you we are sub penny in a blink of an eye.
The good news is IMO another A/S just ain't happening. Peter did mention looking at buybacks and dividends (sometime in the future) and I would put my money on a buyback (although not anytime soon) vs a A/S increase. In the unlikely event another A/S increase were to happen I will sell all my millions of shares in a heartbeat
NTEK is but a handful of pink sheet companies turning a profit with cash on hand with the additional kicker of having the advantage of bartering for some content with their 4k studio division. Therefore if they ever announced another A/S increase I personally would begin to doubt the validity of their profitability claims. Any A/S increase to the level you suggest and I guarantee you we are sub penny in a blink of an eye.
The good news is IMO another A/S just ain't happening. Peter did mention looking at buybacks and dividends (sometime in the future) and I would put my money on a buyback (although not anytime soon) vs a A/S increase. In the unlikely event another A/S increase were to happen I will sell all my millions of shares in a heartbeat
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