Thats great and I hope Bill does buyback shares. U
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Posted On: 12/12/2017 6:14:49 PM
Re: Ragz2Richez #20000
Thats great and I hope Bill does buyback shares. Unfortunately with the size of the O/S its unlikely TPAC will have enough revenue to buy enough shares to make a significant difference in the O/S.
Not sure exactly how Bill would be able to buyback shares when he is still taking on toxic debt. TPAC cannot buy shares without being cash positive. They must have 0 debt and buy shares with profit. TPAC is currently running at a $4.5 million deficit annually. So any idea of a share buyback is just a dream at this point.
Not sure exactly how Bill would be able to buyback shares when he is still taking on toxic debt. TPAC cannot buy shares without being cash positive. They must have 0 debt and buy shares with profit. TPAC is currently running at a $4.5 million deficit annually. So any idea of a share buyback is just a dream at this point.
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