Why start the buyback if the company still needs to convert

New Post Public Reply Private Reply Replies (0) Message Board
smartmoney
Why start the buyback if the company still needs to convert shares? Has the company achieved a revenue stream that can surpass it's quarterly expense?

Starting the buybacks so soon makes no sense.. It's best to get the mrvb's to a state where they are producing $100-200k weekly. Or to a point where revenues will let the company break even.

I personally do not want to see another single share converted unless it's to say acquire an asset that would do the company good - for example BTL.

imo

$tpac

Trans-Pacific Aerospace (TPAC) Stock Research Links

TPAC Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

Promising Copper Intersections Highlight La Romana Project Growth

Updated Category News Views 334

Notable Copper Discoveries at La Romana Project Pan Global Resources Inc. (TSXV: PGZ | OTCQX: PGZFF | FRA: 2EU) has shared some promising updates from its ongoing exploration at the La Romana site. This project, part of the larger Escacena Project located in the Iberian Pyrite Belt, has revealed significant intersections within its mineralized zones. Summary of...

Continue Reading
C.H. Robinson Surpasses Q3 Predictions with Strong Performance

Updated Category News Views 75

Strong Q3 Results for C.H. Robinson Worldwide, Inc. C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) has announced impressive third-quarter results, exceeding the expectations of analysts. The logistics industry often faces numerous challenges, yet C.H. Robinson has managed to navigate through these hurdles effectively, showcasing their new operating model's strengths....

Continue Reading
NexPoint Residential Trust Declares Shareholder Dividend

Updated Category News Views 88

NexPoint Residential Trust Announces Significant Dividend NexPoint Residential Trust, Inc. (NYSE: NXRT) has recently made a noteworthy announcement regarding its quarterly dividend, which reflects the company's commitment to returning value to its shareholders. The board of directors has unanimously approved a dividend of $0.51 per share for common stockholders. This...

Continue Reading
GALLS® Strengthens Presence with New Acquisitions

Updated Category News Views 592

GALLS® Expands Its Reach Through Strategic Acquisitions GALLS®, a leading provider of uniforms and tactical gear for public safety agencies, has recently completed the acquisition of American Uniform Sales, Inc. and Howard Uniform Co. This move demonstrates GALLS's ongoing dedication to serving those who protect our communities, emphasizing their commitment to...

Continue Reading
LifeLabs Supports Women in Crisis with $10,000 Donation

Updated Category News Views 154

A Meaningful Contribution to Women in Crisis In a commendable act of support, LifeLabs, a prominent provider of medical diagnostic services in Canada, has recently made a significant contribution of $10,000 to the Guelph-Wellington Women in Crisis. This charitable organization plays a vital role in providing safety, support, and advocacy for women and gender-diverse...

Continue Reading