WADS +.0005 ready to uptick! Mr. Fabio Galdi,
Post# of 6702
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Mr. Fabio Galdi, CEO of WDAS, said, “We are committed to maximizing shareholder value and this is another step and commitment towards that goal. We see the share repurchase program as a clear message to the market of the board’s view that the Company is currently undervalued. Therefore we expect that the repurchase of over 40% of the current float will help to provide a more stable stock price and trading environment over time. The Company will use some of the $3.6m cash received from Q1 revenues to help fund the repurchase, along with using the funds to invest further in current and additional technologies to grow revenue streams going forward.”
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