I think they probably would rather buyback but while the revs are better they need to decide how to allocate the funds for long term use. If they bought back shares with the revs and other new funding would that allow them to keep up the pace they are on? The R/S allows them to be able to increase the PPS for new investors and let them use the existing revs to continue too add content and fund the other services they are adding. I don't like the idea of my share count number going from 6 figures to 5 but in the end my share of the pie remains the same regardless.
(2)
(0)
Nanotech Entertainment Inc. (NTEK) Stock Research Links