Synaptogenix Inc (SNPX)

[Battle Ready]

SNPX should buy back shares until up to a certain price. The market value is sitting at $7 million for the company right now and there is about $40 million in cash. This would actually be the best way to leverage the money provided by the preferred convertible option. They could buy up to $3.50 per share and I'm not sure how many shares would do that but maybe less than one million once intentions were known. So, it wouldn't have much effect on available cash.

That of course ASSUMES a desire by management to maximize the share price and that might not be Silverman's goal...