All this sounds great...on paper so to speak...but let's just hope we don't get the short end of the stick. What happened today here in the wake of BTC price resurgence was not very pleasant to say the least (not that BTC price has remained at $300 either..it still will have to fight it's way back up IMO).
A share buy back program could be and should be announced by the company. But it should commence at a later stage, when enough revenues have started to roll in...when remaining notes have been paid off in full with the help of revenues. Right now company should be focusing on equipment and operation.
A less likely scenario IMO is a R/S...but it is still possible! After all, at the end of the day, BTC Pool Party may do just fine and grow to be the biggest and the baddest pool in US...but after a R/S it's the shareholders that get screwed. Assuming we get the divy we might be in a good shape next year..but that's assuming we get the divy...
Most likely scenario (and i'm playing the devil's advocate) is that we get an A/S increase...which just means that the company is willing to dilute more
I think the company will be updating us very soon here about their plans. You just gotta remember, part of being in penny stocks is that as a retail shareholder you are simply at the mercy of the company's decisions.
MELY LONG and HOLDING!!
Whatever I say here is my own opinion. Invest at your own risk.
