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Wednesday, November 23, 2011 5:19:05 PM
Then halt dilution and pay all the bills with their rising revenues. Plus if they bought back a million dollars worth, YA could only hold at the most 4.99% of a very, very small O/S. He could work to refinance the rest. The $1.5 mill is profits from the net gains of the year so it should go to shareholder value, unless they need it for a preliminary injunction? They really need to do something to create shareholder value, not the opposite. Things have changed and they have the revenues now, the shareholders should be rewarded now for their past support of buying the dilution when the company had very little revenues and was sinking. The shareholders took all the losses and are taking more now. If I was CEO I would think about doing something now to change the decline in value and help those who had helped me. Think if it's in your power to help those who had helped you then what is the right thing to do, what is the right decision to make? I say it again they should buyback as much as possible with that cash on hand and halt dilution. That could help the stock appreciate in price. If nothing is done then does it show the managements concern?
I could be wrong and it's just my shareholder opinion and maybe they have something coming for us to create an uptrend, but we need a consistent uptrend into the dollars range. IMO.
Black Friday? Creepy.
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