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Re: Fres post# 71749

Thursday, 08/04/2022 3:17:28 PM

Thursday, August 04, 2022 3:17:28 PM

Post# of 75839
I agree. But why would JB change course now? As he has said, his only focus is to grow the company. Unfortunately he would not want to take any money out of his own pocket to have a share buyback.
He increased the A/S to 50b for a reason. He will use up everyone of those shares to grow sales and put money in his and insider's pockets as he moves forward. There doesn't seem to be any in between as a comprise with shareholders.

So what can he say in 6 months to a year, which is the time frame he said to give him, if sales are still dismal and we approach using all 50b A/S? Possible answer: We won't hear a word from him. He'll just disappear.

What is his choices to stop the dilution and to grow the company? That should be the real question we should be asking him and him discussing possible options with us.

I don't think he wants to be that open about it because that would hurt his piggy bank.

So, our only choice is to hope and pray something magical happens and for sales to sky-rocket and the dilution stops. That is where I am at because I can't get out even if I wanted to now.
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