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Re: EdF post# 47524

Monday, 02/08/2021 1:40:49 PM

Monday, February 08, 2021 1:40:49 PM

Post# of 47737
No pro at this by any means, but hear me out and be nice, ha...

With RM candidate money I would think. If you cost average a billion shares @ say .0005 that is 500k which may not be much to a potential candidate if they are a decent size company and already in a pending agreement with the custodian. Especially if they are going to use the buyback shares as compensation package or something for exec level positions. Then when/if the RM happens, whatever valuation the company has then, that increases the value of that compensation based on fundamentals.

I would think that if they did a RS, that they would want at a least majority of the stock in possession.

I just don't know and am probably just an idiot... But doesn't stop me from thinking. (dangerous to me and those around me.)

Better to be out wanting in, than in wanting out.