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Saturday, February 09, 2013 1:47:09 AM
If you really put that in perspective, it's really only about $2MM-$4MM in value.
But no smart company is going to use the share value that they just purchased at a similar value they bought for. They would have just used the cash that they bought the shares for, instead of a buy back or shares.
The real plan is to use the shares as leveraged value or after the pps increase.
That's the real question. What price point is NTEK valuing OUR shares to partner and acquire these entities.
I believe the CEO is targeting .20-.30 as that value. Apprx $40MM-$60MM in value.
That would then catapult to .47 by summer. This would make the company poised to profit significantly to eventually hit the $1 mark.
Sorry for the long assessment.
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