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Monday, December 11, 2017 9:04:47 AM
(1) First, management has to have the funds to buy back shares EHOS likely is in debt and will be in more debt once they start buying horses etc...all things in the future will be financed through convertible debt.
(2)When management is trying to increase shareholder value. OTC companies have no regard for it's investors, quite the opposite. These "companies" don't have shareholder pressure and have no accountability to us.
(3) Why buy back shares? OTC companies just issue debt and dilute when they need funds. This is like printing free money anytime you need money. (at our expense of course). Again shareholders are at a disadvantage and we have no legal recourse down here.
A R/S ...no one knows but always possible when the PPS is this low. In my opinion a R/S is way more probable than an unlikely buy back
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