Replies to post #211493 on On4 Communications Inc (ONCI)

[tigerpac]

There is ZERO chance that ONCI will buy back it's own stock. Any money that SB makes will be used to pay HIM back first for his loans and expenses. Shareholders are last in line.

Profitable companies can buy back stock and retire it - they don't NEED to do an RS, because that is harmful to both the company and its shareholders. RS is what broke companies do to keep funding their companies.
As long as ONCI continues to increase revenue, profit will come, and of that profit, some could be used to buy back part of the OS...that would be beneficial to both the company and its shareholders.