What could they possibly say about the share buy back when the evidence showing that the narrative was used to SELL shares is so damning. To comment would certainly result in digging that hole deeper in my view. People were foolish to believe it in the first place. I was saying this when they first announced the plan. Links in to the information in post #48921.
The company almost mocks the people who traded this stock with the May 27th "buyback has started today!" tweet. 😆 What we now know is that they instead started selling that reg A offering in earnest beginning with 50 million shares on May 27th, 150 million on May 28th, and so on. I told you people in May that the share buy back was a promotional con to sell shares and that is exactly what it is. This company is cash flow negative. Cash flow negative company's sell shares, they do not buy them back.