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Re: skyrocketinsight post# 137546

Friday, 04/05/2024 1:27:16 PM

Friday, April 05, 2024 1:27:16 PM

Post# of 140305
Setting up a share buyback program is just setting up the infrastructure to do it from time to time if at all. Numerous companies have a share buyback program and don't necessarily buy back shares. The most recent share numbers from March 9th seem to suggest that a total of roughly 65 million restricted shares as of February 9th became unrestricted as of March 9th. It is my belief that these shares are currently being sold. This stock doesn't have great daily overall trade volume so it is taking awhile for the shares to be sold. Company is not going to put out positive info until those shares have been sold. Keep in mind management has told everyone the goal is to grow this company and in the process it is highly leverages with both good and bad financing attached to the various assets it is acquiring. Management is undertaking to pay down and/or renegotiate debt as it sees fit.