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Re: Scratchgolf post# 77223

Wednesday, 08/21/2024 1:00:04 PM

Wednesday, August 21, 2024 1:00:04 PM

Post# of 77271
If IO was truly a private $5M company with profits and positive cash flow, then they should have the capital and know-how to organically grow while also buying back some shares. Starting at $50k a Qtr of buyback should do it.

And, if they say they have better use of their capital, then WHY did they merge with UBQU? Taking care of shareholders is what a public company should do. If they are going to ignore shareholders, then they should've stayed private.

Unless, of course it was all a sham from the beginning...