You are not crazy and the best way to bring a price up is

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jbwofford VELOYT #1370
You are not crazy and the best way to bring a price up is to do a buy out. However, in all of my conversations with them that has not been brought up. They are in the process of trying to get rid of some old debt. A buyback program would only bring the price up long enough for the selling to begin again and then it would drop back down. DF and HH are looking for a higher sustainable share price.

Here is a breakdown of the debt:
5 Million is the biggest creditor. He is working with the company to keep it going.
1 Million of it is owed to Hank and David. They have not been taking pay to work this, but are supporting themselves with other ventures as well.
2-3 Million of the debt is gone / negotiated to a lower settlement.

Now, They are suing a subsidiary to get access to books that just months ago he let them in. If a sub is doing this then he probably is affecting cashflow. There was to be a court hearing but I do not know the outcome at this time.

So to get share price up. They have to stop using shares to pay off debt. You cant have a buy back and sell shares at the same time. The price will sit where it is. What is needed is more buyers than sellers and the price will climb.

I can speculate and talk about this all day but it doesn't help us. I believe that they are being quiet to keep information out of the hands of the people they are trying to settle the debt with. Once all of the hostile creditors are taken care of we will start to see a flow of information. We will also see a stop in the selling. With a few PRs and Audited financials minus the sub who is claiming to not be a sub, we will show a 15 million dollar company. Once he loses the suit we can bring his numbers back in to the company and that will help share price.

On top of all of that, they are still looking at buying new companies and if someone makes an offer, they could sell off a company as well. I learn new things everytime I talk with the CEO. We keep it simple and usually discuss debt and financials. Mostly I am trying to read between the lines on what he is telling me. I am still buying shares and adding to my holdings.

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