InvestorsHub Logo

PhilipDrummond

09/03/17 5:47 PM

#43957 RE: stokjunky #43956

A buy back will NEVER happen.

gastric

09/03/17 5:48 PM

#43958 RE: stokjunky #43956

Hilarious. With what $$$ exactly?

RockRoll

09/04/17 3:23 AM

#43970 RE: stokjunky #43956

Exactly right stokjunky, that is precisely what we need. But, that is waay down the line. We're waiting for word on the closing of the Neurofuse deal, then I believe - according to their plan - there may be 1-2 more acquisitions. Then it's building them out, working and complimenting each other time. They're already working on Poolworks.
But, as I think Dvanajscak once said, the success or failure of MMEG is going to hinge completely on revs & profits. If the $$$ generated here is what we think it will be (that's when that "Goodwill" debt will be huge by them writing off $4mil per year!) -- then there are many things they can do. And fixing this SS should be on top of that list. But, the way things are going and progressing with the company, and regressing with the PPS; I don't foresee anything like that being considered until maybe Q3 or Q4 of next year.
This is strictly "the long game."