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Re: Cpoulsen2 post# 134770

Monday, 03/11/2013 4:21:19 PM

Monday, March 11, 2013 4:21:19 PM

Post# of 372922
It's an unsual concept, but not very difficult to grasp smile

HHSE has taken out convertible debt when times were bad and was forced to issue equity to cover those debts. Now as cash flow and profits permit HHSE buys those shares back and retires them.

Kind of like using a credit card (and repaying the balance in full over time as income permits).

Only real issue is the percentage dedicated to the repurchase so the buy-back doesn't negatively impact future revenue growth.