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Re: Civicbird post# 17315

Thursday, 02/15/2018 12:17:11 PM

Thursday, February 15, 2018 12:17:11 PM

Post# of 19855

How about a share buyback at current levels??? That doesn't sound too looney at all. And not too expensive at these dirt cheap levels


SORRY, BUT GET REAL! First, a company needs money to do a share buyback! EHOS HAS NO CASH! Second, the share price is of little importance related to a buyback! The net effect of a buyback is the share price multiplied by the number of shares purchased. Since EHOS has billions of shares Outstanding, even with a share price of .0001, there would probably have to be a minimum BILLION SHARE BUYBACK to have even the slightest impact on shareholder value! If EHOS were to buyback a million shares for a $100, SO WHAT? No one would even notice!

TO BUYBACK A BILLION SHARES, EHOS WOULD HAVE TO COME UP WITH A "SUPRISE" $100,000! NOBODY IN ANY SORT OF POSITION IN POWER AT EHOS WOULD DO THIS FAVOR FOR THE SHAREHOLDERS! AGAIN, REALITY CAN BE A TOUGH PILL TO SWALLOW!