InvestorsHub Logo
Followers 24
Posts 5025
Boards Moderated 1
Alias Born 11/16/2007

Re: chunky-g post# 191011

Monday, 07/21/2008 10:30:37 PM

Monday, July 21, 2008 10:30:37 PM

Post# of 247071
Chunky... my point is that TS hasn't put any of his own cash into it yet (other than the cash he had in his failing business that he sold to us) so why would he start now? Buyback... do you really think he is going to buyback 1 billion shares? As soon as the dilution stops, this thing could rise .0003-.0006 per share just buy people buying in so don't think that he could buyback a billion shares for $400k


TS already owns & will always own 80%... why does he need a buyback? What would that do for him? Would it find more buyers for the rest of the 8 current debentures? He has buyers now... Why would he need to buyback to get them?