My stock stabilization plan: Each trading day
Post# of 96879
Each trading day NTEK purchases an amount of shares of what ever they can afford. At end of each month include o/s total in the shareholders letter which should routinely be issued either at end or beginning of month. Lets say for example the company therefore bought $250 per trading day for $5000 worth of their shares in January at an average cost of .0025 per share or 2,000,000 shares. Not much you say, then let's say some days, weeks or months revenue is better and they can purchase even more. What investors see is o/s slowly going down by a commitment by management to reduce rather than increase o/s. I have a feeling this would make investors a lot happier and fewer shares means more value per share. R/S doesn't add value in my opinion when pps is this low and will have to be substancial to uplist which can't be done without audits anyway.