Replies to post #94840 on Potnetwork Holdings Inc. (fka POTN)

[getthebucks]

it would be nice and it's a great notion...but a 3 bil buyback at current pps will be well over a milly $$$

in all honesty I don't think they have the $$$$. if they netted 10% on the sales they reported that is a very long reach. salaries, insurance, inventory purchases for more junkers etc, etc, etc will def wipe that out as well as any other paltry earnings.

I think the talk here of a share buy back is wishful thinking. I think they will max the o/s (started today?)...not much left and build from there. hopefully they can develop some advertising rev's with the website. still not impressed with the site but they are at least performing cpr to try and revive it.

gl to all...

UTRM

[harry crumb]

Im sure thats being discussed with this new team, wouldnt surprise me at all if a pr shows up on plans at some point to do just that.