Grupo Resilient International Inc (GRUI)

[Sndmn23]

Buyback? No offense intended, but with what money? It seems pretty evident to me that the company is living off of shares and is making this move to keep the doors open. So in that sense, it is the best thing for the shareholders because our shares that are now worth next to nothing would be worth absolutely nothing if they had to close up shop.

Not that I like seeing this move, but what else can they do? I believe if they had any real sales, this wouldn't be happening. Seems like they are trying to buy a little more time hoping to land a big contract.