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Re: Stock_Barber post# 47494

Thursday, 05/29/2014 3:00:37 PM

Thursday, May 29, 2014 3:00:37 PM

Post# of 51365
Stock Barber, this thing dropped significantly from .019 down to .006. That's when the buyback begun. Remember the company still had like 60 million shares of their own that they could have simply dumped at .01 or better and raised nearly 1 million dollars. Of course they would need many more shares in addition to their 60 million to make alot more money than the nearly 1 million shares using their own shares. It makes alot of since to start a buy back program inorder to regain most of the 250 million A/S in hopes that us shareholders would be willing to sell some of our shares back to them in exchange for a much higher "PPS" than if we held our original number of shares without selling any back to them.

What I'm applying is, once the company has something like 150 million shares or more, that will be more than eneough to send this baby to .05, .10, .15, .20 and millions of dollars in company value which will be more than eneough cash to pay back the 1 million in debt. I'm predicting a market cap of $30 million dollars to $60 million depending on how many shares they are able to buyback.