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Monday, October 12, 2015 12:35:49 PM
This is solid for GRCU because cancelling a total of 130,000,000 shares is the opposite of dilution. They can also use those shares as leverage for other acquisitions or ventures to help grow the company. This will add to the Earnings of the company once they become profitable because the lower the OS... the greater the EPS since the OS is the key denominator that is used to assess a fundamental valuation.
v/r
Sterling
Sterling's Trading & Investing Strategies:
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