My idea!! Read all of the post.
A share buy back could not get us to the higher exchange. I agree with that. Any share buy back should be exercised with the intent of the stock going higher from where it is bought back at. This can only be accomplished if the company is performing on all cylinders and growing revenue and profit. So why couldn't the company do several reverse splits as they are growing. Do a little at a time, not all at once. That way the shareholder could benefit from company growth causing the stock price to be going upward instead of downward after the mini multi reverse splits.
A difference in this penny stock compared to many others that experience a reverse split could be that the company is actually growing by leaps and bounds as it enacts a reverse split keeping the price of the stock on the rise instead of common fall after a reverse split so many other companies experience going through the process.
I think a stock buyback coupled with multiple mini reverse splits could play out in our favor and keep the share holders from dumping their shares wholesale. If the plan I lay out was to work, the share holders would realize stock dividends in the future as the company progressed to a higher exchange and profitability.
That is my take on the issue. Any comments?
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