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laker5

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laker5

Re: Hoosierfan post# 5377

Monday, 07/07/2014 2:55:06 PM

Monday, July 07, 2014 2:55:06 PM

Post# of 18493
Guys and Gals,

They are in no position to be buying back shares at this point. They need cash to fund operations and the best way for them to do this, at this point, is to find investors that will take stock.

It's better than toxic convertible debt, and as long as they can finance new stock issuance at or near market prices then it is not dilutive.
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