Beliceno I really wanna believe this is a buyback
Post# of 17862
Posted On: 06/27/2014 11:41:39 AM
Beliceno I really wanna believe this is a buyback but how would HIMR buyback if they have no money? Back in March they stated that an accelerated buyback would begin as soon as they begin operations. So are you saying they have began operations and have revenues? If not where is the money coming from to buyback shares?
Even if they did buy back shares with the outstanding share approaching 30 billion what can they buyback that would make a dent in this thing? If they bought back 10 billion at .0001 that would equate to $1 million dollars and still leave us with 20 billion shares outstanding. How on earth would they come up with that money? If we were down to say 20 billion OS what would that realistically accomplish?
Even if they did buy back shares with the outstanding share approaching 30 billion what can they buyback that would make a dent in this thing? If they bought back 10 billion at .0001 that would equate to $1 million dollars and still leave us with 20 billion shares outstanding. How on earth would they come up with that money? If we were down to say 20 billion OS what would that realistically accomplish?
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