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Re: DJ Ponder post# 59456

Wednesday, 08/01/2018 2:02:05 PM

Wednesday, August 01, 2018 2:02:05 PM

Post# of 63188
Agreed, what unencumbered cash will be used to enact a share buy back? MHHC has $6k in the bank. If a company were to borrow to do a buyback, it accomplishes nothing, the shareholder dilution remains the same.

Also keep in mind, due to MULTIPLE BILLIONS of Outstanding shares, it will take a huge cash outlay to even attempt to put a dent in a Buyback program - this appears to be just another OTC pipe dream.