That would be music to my ears! Having substantial profits from revs to buy back shares [if all goes well] is still a few quarters away during this building phase.
Per their PR, they're trying to secure a "long term debt solution." My hope is they consolidate all their debt (including current noteholders!), and that would finally "plug-up" the dilution. Let's say a 1 year deal? By that time, God willing, the Revs have reached a point where MMEG can begin making payments on that debt -- without adding shares!
In addition to consolidating their debt, they would have extra to do their buyback, soon, while the PPS is still at the low (very low) trips ... that way they get more bang for their buck. Then retire most of them and keep a few to sell later at a higher price to deal with future financial issues, more growth, and/or pay-off their negotiated long-term debt. Wouldn't that be something -- paying off the debtors with their own $$?
Anyway, pie in the sky for now --- but if growth & revs happen --- maaaybe?
