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Saturday, August 22, 2015 3:59:41 PM
other notes are more friendly. they are being reduced with cash from the company.
i have no doubt the company is doing this buy back because of this 1 note holder. should be done soon.
the divvy, that's a whole other story. obviously they are reporting huge net profits now and clearly do make money. 1M shares here gets you a divvy income of $44k per year, so buy 5M shares and get income of $220k per year, for 33 years maybe!
as far as tax, they have huge NOL's so won't be paying tax for a few years.
Penny Stock Analyst, not licensed, but may as well be...
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