]You have zero proof that this is not the case here as all you are going on are press releases that appear misleading at face value.
You have zero proof as well.
]As I explained then and will explain now, a buyback program executed by a company losing money is garbage.
Just your opinion.
They need investors (who are given some means of collateral) to pay the bills and to use that money in a buyback instead of investing in getting cash flow positive is a misuse of funds
They used convertible debt to fund all of their operations to this point. Now that most of the wells are in production, the company will start to see positive cash flow. This is the money they will use to buyback shares. In addition their debt is quite low for a start up company showing me they have used their funds wisely.
Like I said, there is no need for concern here at this point. Those who are better aware of what is going on here will prosper greatly form purchasing UNGS at these ridiculously low prices.
NRA, NRA LCB
If you are going to believe what the other guy said, let me sell you some stock.
