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JohnnyThundersLAMF

03/23/21 1:51 PM

#36167 RE: chunky-g #36165

"I don't understand why there is doubt about the buyback program?"


Investors tend to doubt the validity of a share buyback when the O/S count balloons from approx. 500 million to over 4.2 billion during the supposed buyback.

It also doesn't help when VTNL and SIML promoted fake buybacks.

5card

03/23/21 2:19 PM

#36169 RE: chunky-g #36165

I believe the doubt comes from the recent offering. Just a little Confusing, and needs a little more clarity on why they put it out, and why they withdrew it.
I believe there is a lot of god news that is being held back. I just hope they can implement a better investor relations via updates and news. Needs to be more informative, and transparent. Also, if they could update their news on website form the old 2018 info.

kennypooh

03/24/21 2:00 PM

#36254 RE: chunky-g #36165

All corporate assets are shareholder owned funds and share buy backs and dividends usually require financial evidence that shows the company actually has 'excess' capial available to do one (without jeapordizing the company's day to day operations and potential success).

Have you done any DD with the Florida SOS regarding any BBRW share buyback approval?