Thanks - I certainly like the idea of the share count going lower, but I don't see any chance of a company buy back anytime soon. I suppose I could be mistaken on that, but they need the capital to operate on, to grow on, and for acquisitions.
I think I get where you are coming from, as a maneuver while shares are cheap, then issue shares at a higher price later. In theory it sounds plausible as they could say get two or three times the money on the same shares - in theory.
In reality I doubt they have enough cash to buy up any meaningful number of shares. But, let's say they had $3 million dollars, then they could buy 5 million shares with that, and say maybe hope to sell at $2 a share for $10 million. That's a nice profit of $7 million it would seem, but I really doubt they have any meaningful cash to let go for that.
I am no expert on SEC law either, but it seems a little like gambling really for a company to have a share buy back and then turn right around and issue shares, and on the hope that the share price will go up at that. Also, the actual sale of the shares would provide some weight on the share price too.
Lastly, the shares they sell may not actually be all sold into the market and may go through a purchase by a larger party. They may not get the going market price at the time. Also, there are fees involved, that just like taxes, erode away at any advantage gained.
Small growth companies don't tend to do share repurchases, they use every dime they can for growth as they see so much opportunity and need the cash to make it happen.
On another subject, from what I can tell the SA article continues to gain in readership each hour it is out there. Maybe it will help bring more awareness to IQST and get people starting to do some DD of their own, and maybe in due time, leading to a choice to join us in our investment. If you like the article and would like to support me on that please follow me on SA and share a link to the article with any one (or anywhere) you wish who may want a starting point to look at before deciding to do some research on IQST. I noticed there is a symbol like a semi triangle at the bottom of the actual article and also at the mid to upper right once the article is opened for mobile device - and allows you to share by message, email, and twitter or more. Send it to any friends you may have been speaking to about IQST.
Note that if they don't already have an account with SA they may need to set up one to read the full article. They can sign up for free or choose the pay service which provides more services and information and access to premium articles. Not an AD, but just what you need to do to get it, and I hope we find that the article is a great way to introduce IQST to other people for whom we wish to share.
