Yes. He said something to the effect that he would maybe consider the possibility of buying back shares, but all in a very noncommittal way and all without ruling out an R/S. In fact quite the opposite.
He will R/S this stock early next year. Or else raise the A/S a few more billion. No way around it IMO.
Sir,Paying off Debt with Shares-mostly...or-Revenue?
Ah yes the Old Conference Call....sounds very Familiar Ha ha
Let's see how this could pose a problem. Since Scott is using shares to pay down debt.....Sir wouldn't that mean he would then have more shares to buy back? But if SEEK were truly profitable....couldn't Scott then use Revenue to pay down some debt? There by eliminating the need to keep issuing more shares? Is this what Profitable companies sometimes do with profits not shares is buy back shares?
Since there are False allegations about SEEK being the only profitable sub penny....did anyone hear anything about Scott reducing the A/S?
- Did anyone hear what happened to monthly TV Adcampaign stats for July and August 2014? - Did anyone hear what happened to the weekly email updates? - Did anyone hear what happened to large sections of Real Question Facebook posts that Scott wiped clean from The Directory Facebook page? - Did anyone hear what happened to the Radio Ads?
Wait a minute Folks I thought ALL SEEK GOALS were accomplished for the last 12-24 months....
IMO apparently not check the Market's response to this ticker....it closed under .0013. Remember Folks SEEK has had Eleventy Billion Confirmed Bottoms, Shares fading fast, shares being used to the wipe the floor etc etc while FAILING to get back to it's 52wk high of .0077
Now why is it that NOT ONE Stock Analyst Article or Company Statement that provides REAL Facts about the false allegations about SEEK being the only profitable sub penny?
Has Scott's Slow and Easy put the Brakes on external shareholders Quick Profits for the moment?
IMO Scott needs to communicate ASAP. Slow and Easy sounds like a Pancake Syrup not a Business strategy IMO.
SEEK closed at .0011. Please name another Profitable Company that closed at this price today, thanks.