I agree, but I think you and X-10 are missing my o
Post# of 15187
Posted On: 06/10/2016 10:57:08 AM
I agree, but I think you and X-10 are missing my original point.
That was it is all dependent on the PLN settlement. The amount of money they received for damages to the stock will determine
how much of the float they can buy back. It was a separate claim in the law suit.
What you guys are talking about, a full 100% buyback, is only possible at .0014, if the company received 1.5-2 million dollars
for that. If they can only take out sat 500 million or 1 billion, they
are face at some time to do it. that is a fact.
I think you are missing the bigger picture. Even if they, reduce it down to 1 billion, at some point they will hit a pps ceiling. That no matter what they do revenue wise, it can not be rewarded with the
float.
ANother missed point, is that most companies do r/s because they are in a financial crisis. This would be one of the few times a r/s would happen to help everyone greatly. As they grow revenues by 5-10 million quarters, a 250 million float will grow the pps exponentially in line with float and m/c. They need the float lower to get to another exchange too. That brings in institutions and allows for a great deal of exposure on the nasdaq sc and would allow for coverage to be initiated. Would you rather have 100% of 1-3 billion
float or 65% of your holdings with a 300 million float, more exposure on nasdaq, 40 % if that 300 million float in institutions hands?All while HJOE was pumping revenues out.
NOTE: this would only be done in the .20-.30 range too
I know what one I would have. Im saying this would be after hjo0e files and many quarters later, when they take 5% of the market.
look at monsters float and pps.....Ill take 65% of my current holding with the above things I mentioned.
TS
That was it is all dependent on the PLN settlement. The amount of money they received for damages to the stock will determine
how much of the float they can buy back. It was a separate claim in the law suit.
What you guys are talking about, a full 100% buyback, is only possible at .0014, if the company received 1.5-2 million dollars
for that. If they can only take out sat 500 million or 1 billion, they
are face at some time to do it. that is a fact.
I think you are missing the bigger picture. Even if they, reduce it down to 1 billion, at some point they will hit a pps ceiling. That no matter what they do revenue wise, it can not be rewarded with the
float.
ANother missed point, is that most companies do r/s because they are in a financial crisis. This would be one of the few times a r/s would happen to help everyone greatly. As they grow revenues by 5-10 million quarters, a 250 million float will grow the pps exponentially in line with float and m/c. They need the float lower to get to another exchange too. That brings in institutions and allows for a great deal of exposure on the nasdaq sc and would allow for coverage to be initiated. Would you rather have 100% of 1-3 billion
float or 65% of your holdings with a 300 million float, more exposure on nasdaq, 40 % if that 300 million float in institutions hands?All while HJOE was pumping revenues out.
NOTE: this would only be done in the .20-.30 range too
I know what one I would have. Im saying this would be after hjo0e files and many quarters later, when they take 5% of the market.
look at monsters float and pps.....Ill take 65% of my current holding with the above things I mentioned.
TS
(0)
(0)