Allenergy Inc. (ALRY)

[blackoak]

Allenergyman, appreciate your rapid response...my main, nay, my only objection to stock buybacks at this time is summed up in one four-letter word: CASH...the overwhelming majority of small companies fail because of lack of operating capital, i.e., CASH...while ALRY has adequate Cash Flow, IMO, it's just that, adequate for current and foreseeable operations and/or acquisitions and/or more oil rigs & other equipment which will afford the company geometrically more current returns on invested funds...there is no guarantee that a buyback will result in increased PPS and even if it did, that cash would not be available for ongoing operations. Acquisitions and/or mergers make more immediate sense....