Tuesday, September 20, 2022 2:11:20 PM
Buybacks do, it increases shareholder confidence and that is what UATG needs right now.
If we do an R/S than another issuance of shares in the otc that will just be called diluting the stock and the pps will drop.
Even a buyback of 5-10% of the AS would be huge. And those shares are out of the market and the float tightens up.
Take some of that hygieia money reinvest it into a buyback and we will be sitting above .02 easily and confidence will be back.
But as mcol says he wont and we just sit here subpenny waiting on our hands
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