InvestorsHub Logo
Followers 258
Posts 37775
Boards Moderated 15
Alias Born 11/29/2004

Re: gorbec1 post# 36447

Saturday, 12/02/2006 12:48:52 PM

Saturday, December 02, 2006 12:48:52 PM

Post# of 36716
thanks for sending the PM...very interesting company for sure. And the PRE PAID credit cards that the company owns are HUGE!!
I received two when I got married in October, and the funny thing about it...Matrix is the PARENT company!!
it is always nice to see a REAL company being bought by Summus Works!!
That pre paid credit card area...is a HUGE market, especially right now at Christmas time!!
and then as you mentioned about the TV stations...there is SOMETHING going on that we can not see. About the future LOI's I bet there are several pending ones...the KEY here is for Dan to CLOSE them!!
And then start on the BUYBACK...because that will get ALOT of attention...lets face it..IF Dan buys back up to 20b and gets us BELOW the 60b number that he has promised...that will be HUGE, that is 25% of the o/s and it is GONE after that!! I just hope that he LOWERS the a/s when he does complete the buyback...so there will be NO further dilution??
And also I ordered a subscription to N'East today!! I will let you know when I recieve my first mag!! RJ

Anything UP today??

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.