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Re: glenngroove post# 100309

Sunday, 08/13/2017 10:31:11 AM

Sunday, August 13, 2017 10:31:11 AM

Post# of 183214
Most equity investors buy stock from the treasury, at a good discount - 25-50%. That dilutes - the OS grows. They are equity investors because they WANT TO MAKE MONEY, not because they want to retire the shares.
A "huge share reduction" can only come about one of two ways: A reverse split, or a large injection of cash into the company (not stock) that could be used to buy stock.
BVTK is still borrowing to keep the doors open. There is not a chance in hell that it would do a share buyback while it is still borrowing to stay alive.