Friday, November 09, 2018 1:27:03 PM
I have not researched if a share buyback is on the menu for MLHC or not. When I get a chance, I could maybe ask the CEO and see what he has to say.
Most companies would not entertain a buyback because they don't have revenues or operations with potential revenues that would be generated to execute a share buyback. Here with MLHC, I think things will be different. Mark this statement down... I Believe MLHC will be a company that will be generating revenues in excess of 9 figures (000,000,000) and will be very profitable in 2019..
The Walmart and Oxxo news from yesterday indicates $7,800,000 in Revenues and is a huge hint in my opinion of what more is coming that will position MLHC to be generating the revenues that I believe will be generated and more to where I believe a buyback is possible. Let's analyze this a little further just from their PR that was released yesterday:
I think we all are familiar with Walmart:
Now look at the awesome products:
v/r
Sterling
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