Replies to post #13133 on Cuentas Inc (CUEN)

[FreeBird]

NYBD Share Buyback is a Possibility, Note 7 From the 10Q.

CEO has already fronted money from his own pocket at 0% interest.
If financials are clear, why not buy back at this level?


NOTE 7 – SHAREHOLDER LOAN Two officers of the Company have advanced funds to the Company for working capital purposes at 0% interest, payable on demand. At September 30, 2013, the Company had a shareholder loan balance of $119,095. The amount due to Calvin Lewis was $21,202 and the amount due to Robert Rico was $97,893. On March 31, 2014, the total of the shareholder loans was $130,416 with the balance due to Robert Rico being $110,414 and the balance due Calvin Lewis being $20,002.