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Thursday, September 27, 2007 4:36:05 PM
EFGO has stated that buying back shares is only a temporary solution and will hurt there growing of assets in the future and future revenues also.
I really think building assets and revenues will win out huge in the long run as long as they keep there burn rate to a minimal and use those revenues and build up of cash to reduce the share structure in the future.
They will also use the revenues from China to be fully reporting hopefully later this year which will be huge.
China is most definitely the companies future at this point and could be HUGE from teh looks of the 3-4 deals they have now from the PR today.
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