Saturday, April 27, 2024 1:28:48 PM
I see it this way, a R/S may or may not hurt shareholders, a share buyback may or may not slow the growth of a company. Maybe Logan took shareholders into consideration when he set the R/S at a reasonable 1:160. Could have easily been 1:250 or higher. He could have heavily diluted then do a 1:1000 or higher R/S, but he didn't. Who knows, maybe the R/S gets cancelled or maybe Logan finds a way to split the difference with a better R/S and share buyback combination. I don't like to lose money but the little voice in my head is telling me to stay put and see this through. My choice, my loss or gain. Maybe we get some clarity from the Q & A this coming week.
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