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Re: wooferwax post# 24594

Monday, 03/08/2021 8:34:03 PM

Monday, March 08, 2021 8:34:03 PM

Post# of 52051
I honestly like that idea..

although our float isn't that big to begin with..so maybe that isn't how the capital should be used

I think internally they've been more focused on expanding the business... you could make the case that buying back shares would show confidence -----> would bring in new investors

----> would bring larger investors/institutions


----> share price goes up from reduced float and more interest

-----> share price becomes eligible for uplist

price could easily go over $5.00 that way.

However I'm not sure how much they'd be willing to spend their revenue on buying shares back instead of other business operations..

not sure- it's certainly an interesting option.

maybe the Ceo and management will see this and consider it/ give their thoughts on the idea
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