Posted On: 02/29/2016 8:10:05 PM
Post# of 7769
Re: celtics2014 #7651
Despite what others think Andreas ponied up approx 1m dollars 5 years ago for SCRC I believe. 5 years and no return I believe the BOD acted VERY PRUDENTLY as he deserves every penny he gets for putting up his hard earned $$$$.
This was a very bullish signal clearly demonstrates that the company retired a potential 6m shares at .175 or slightly above 1m dollars. I say well done for taking this additional potential dilution off the market. Retiring potential dilution was a great move by management.
Bottom Line: Pretty apparent the company is doing very well when they can pay 65k per month or 800k cash in the year. I applaud the decision.
This was a very bullish signal clearly demonstrates that the company retired a potential 6m shares at .175 or slightly above 1m dollars. I say well done for taking this additional potential dilution off the market. Retiring potential dilution was a great move by management.
Bottom Line: Pretty apparent the company is doing very well when they can pay 65k per month or 800k cash in the year. I applaud the decision.
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