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bucks2pennies

07/16/18 4:22 PM

#47063 RE: Box Money #47061

11B O/S. One option always R/S. I think increasing A/S to be more likely. Disgusting, but probable. HAON DOES have something in the works, I am willing to believe. Also, with use of treasury stocks instead of retiring shares keeps the 'real' A/S flexible.

That is, keeping shares bought back as treasury shares really creates a form of authorized common shares. Shares that, when accumulated, become available for re issuing (not issuing new shares) to benefit Management's purpose - to the good of HAON, I assume.

Maxing out A/S has, I presume, enabled HAON to accumulate cash on hand - not all used to eliminate previous debt. Talk on board has alluded to the fact that increasing revenue from Hopp has in effect created self sufficiency - or nearly so. Overhead costs are covered by the revenues. That means that any cash on hand would be available to increase assets or expand revenue generation. Either way, share value is being increased as I type. Ideally.

Not necessarily true. Management's history is loaded with deceit and unfounded boasts. While I am willing to give them leeway in that shit happens beyond their control, success can still be reached through good management over a rough road. Do I see them backing up???