InvestorsHub Logo
icon url

defireman

10/28/07 10:45 AM

#32209 RE: pops6x #32194

"Raphael Huppe wants this company to succeed more than you know.
It's not just the money with him...it's a matter of pride in accomplishment."

How would you know that? Did he tell you in private?

One thing for sure is that nothing exists at this juncture. The 131 contracts are in doubt. AFs are missing. Roadshows are missing. No product has been verified to date. The CRAM is essentially the old SDS, which is strongarmed from its previous owner, BCS, and even then it is still a prototype, and will not be ready for another few months. So what is RH selling exactly? A story and shares?

Returning 40mil shares to the treasury is like returning 40mil of product inventory to the shelves. It sure sounds nice to a shareholder (purported increase in shareholder value), but when you realize that he can run the printers anytime he wants, it is actually frightening.

A bit of math helps too:
80mil x 0 = 120mil x 0 = 0. If there isn't any shareholder value there to begin with, reducing the O/S by 40mil isn't going to help.