Thursday, July 03, 2014 1:10:02 PM
It is my personal opinion that the Share Buy back is being way too over emphasized on this board.
Even if they could possibly buy back 600 Million shares at once...the price at this stage in the game would be more than $1.5Million ($0.0025 X 600,000,000) Never going to happen...especially in only two months of buisness and 25 days of trading since announcement when Average trading days are between 15-25 Million shares. This buy back could take months, or even a year to complete.
What we should be more focused on is the fact that they are not going to do a reverse split...and are trying to make an attractive buisness model suitable for uplisting by the end of the year. Or even Take over by another major company. Either way, very favorable to us shareholders. I for one am very happy to not have my share count cut in half or worse by 10/20/50/etc...
There are other companies out there that have Billions of Shares, and they are doing better than ANAS right now. Many are losing faith and selling because of the silence and lack of PRs. I agree that we need something concrete to sustain the PPS, but the lack of news could be a great thing...just like the tweet read....Have been working hard!
With any luck, we will have news after the long weekend...maybe the financial projections we have been hoping for...maybe an updateo n the buy back...maybe another MJ product to be manufactured by Kush Creams for us?
In the mean time...Hopefully 5 hour high will in fact make it to the shelves in Colorado this weekend. That would really kickstart this stock in Astonishing proportions!
In My Personal Opinion Of Course!
Long ANAS!
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