Replies to post #35507 on ZNext Mining Corporation, Inc (ZNXT)

[soulBeyond]

I see for them to do buyback is more effective in this situation ..
1st, the buyback is mandatory and will pay after 5 years. they don't have to worry about it until then. or if they go out of business .. they don't have to pay at all

2nd, it did reduce float by 90% .. using this trick call buyback .. knowingly investers won't see this as a too bad a twist.

3rd, using a r/s will result in decrease of shareholder value ..
at that time, they sure hell don't want that to happen.

4th, .. there is a the preferred shares .. if they r/s, that the preferred shares will result in increase of value