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Re: StealthTurtle post# 79

Tuesday, 12/17/2019 11:46:10 AM

Tuesday, December 17, 2019 11:46:10 AM

Post# of 151
As for all the other shareholders, I wonder if they have had the same problems transferring their shares as we have had? I just wonder where all these shares are coming from?

Im not aware of any Nebraska laws that would prohibit them from repurchasing shares. Of course, they would need money to do that. They do have $24 million in cash according to the last 10-Q, but probably want to keep that for a "rainy day", acquisitions or for new products. I can appreciate saving dry powder.

One thing I thought of, but don't know if they would or are considering it, would be for the new owners who own 1 billion of the outstanding shares to just buy the rest of the shares outright. I mean, 23 million shares at X per share, they take the company private. They already own 95%, why not just buy the rest?

Just my two cents.

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