InvestorsHub Logo
Followers 66
Posts 7543
Boards Moderated 0
Alias Born 03/06/2016

Re: blueyedcatch post# 26014

Thursday, 07/13/2017 12:11:24 AM

Thursday, July 13, 2017 12:11:24 AM

Post# of 108192
Blue, you said...The best way for our new CEO to gain respect from us immediately,is to come up with a deal that breaks the shorts back,and makes them pay up dearly,so as to get us back to a fair market cap in a hurry

How about the BOD approves a buyback plan? Go establish a line of credit (say for $200m) and come out and PR that we established a line of credit with the sole purpose to buyback shares since we, the BODs, believe we are tremendously undervalued. They won't have to use all of the credit just some to spur the shorts to cover. And cover they will. Later, if funds are needed, they can issue the treasury shares and raise capital and payoff line of credit.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ADXS News