You know you are quick to chastise someone for what is a relevant observation. There is nothing that precludes the company from disclosing that they have bought back shares with the weekly share structure update or by any other means. The requirement is to disclose the information in the quarterly and annual reports in detail. This is a company that promotes nearly every week at least once since they took control last October so I doubt that they would hide the fact.
Company's buy back shares based on the strength of the balance sheet which this company does not have. Post# 46515 with links concerning the share buy back narrative. Really dumb to borrow for this purpose when the share structure is a bloated 6.7 billion shares, with a reg A offering in place priced at $.001, more than $1.2 million currently eligible with terms of a 25% discount to market and more. Simply split the stock is the logical course. Hey, maybe they buy stock back, promote the fact, then sell the he77 out of that reg A offering. 🤔What would you really net in the end, right. Great business tactic but hey, this group took on the the millions in Raadr toxic debt to sell you all since last October instead of choosing a clean shell, so who knows. 😆 Bubae Saturday, July 12, 2025 7:22:13 PM Post# 46515 of 47009 https://investorshub.advfn.com/boards/read_msg.aspx?message_id=176429624
In the buyback press release they state that "...all funds used in the buyback will be derived from operations." Then in the Q1 investors call transcript we see "As we have disclosed prior any buyback is paid from cash generated in the business." The business was cash flow negative for Q1 with a nearly $2 million net loss and the last press release referring to earning confirmed that losses increased with additional revenue. Companies that burn cash don't borrow and buy back shares. That is just good old fashioned stupid.
Bearish
Everything that I post is just my informed opinion and is simply an invitation to debate. Trade on your own due diligence please..