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Re: pedro12 post# 1985

Saturday, 03/21/2020 1:09:57 PM

Saturday, March 21, 2020 1:09:57 PM

Post# of 2100
They knew they would need to raise capital to complete the expansion and let the revenue catch up. The access to reasonable capital evaporated. I do fault them for the share buyback. That was just inexplicable. Share buybacks are for companies with excess cash, not one that is in an early growth phase and needs capital.