Aug. 16, 2022 CEO James DiPrima said: “We have also been significantly reducing Company debts and via our S-1 filing, we will be able to utilize those funds to enter into a buyback program to address the dilution of the Company’s stock. This allows us to not plan to enter into a reverse stock split, at this time.
By taking this path, we can increase shareholder value, while maintaining sufficient cash reserves to fund our business operations. We will buy back as many shares as possible and as fast as we can.”
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