Friday, May 13, 2011 12:10:09 PM
I am not in favor of a STOCK BUY BACK.
IMO any additional funds should be used for debt reduction and interest loan reduction. As well as investing on R&D for new and
better products and product lines. This would be the company investing in itself and in doing so providing a long and lasting profitable company for years to come.
Another benefit would be that the stronger the balance sheets and the stronger financially the company is the lower the interest rate we could command on loans that we do require. These lower interest rates would then add to our bottom line and profits each quarter.
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