Replies to post #43467 on Market 99 Ltd (fka MNTY)

[JazzyJava]

My feeling on the subject... We need to do something with the share structure. A buyback retirement, causes a price increase yes, but then the company pays higher price to get the shares back to the treasury for retirement. Now they are out that money, cause they are retiring them, but depending on the amount they have already could prove lucrative for them and generate cash. My assumption is that they have mostly restricted shares so it would hurt our situation. The R/S shrinks it but I dont see how its gonna help besides the fact some think it will then attract buyers. I have to ask myself what kind of buyers though, look to the record. I see alot of people flipping those. This is why the board has lawyers and a consulting group researching the best way to deal with it. I may have it all wrong though, so dont mind me...

[LOL]

Usually reverse splits are bad, that's why nobody likes them. But they are only bad for bad companies, such as a company that does a reverse split, dumps shares, then reverse split's , and round and round you go, but a real company is a whole different story, as it makes it more attractive because the share price is higher and the OS is lower. Warren Buffet wouldn't buy a pink sheet, and if he did, he would make sure to get it on a higher exchange very quickly. Which leads me to the possibility that if this is the real deal, like it seems, I don't see why a venture capital company couldn't come along and throw in many millions of dollars and get this thing going pretty fast.

Yes, I am lots of times the "BAD GUY" on these boards, as most people just want to here Weeeeeeeeeeeeee and multi-dollar predictions as opposed to another possibility or facts that they don't like, so I do appreciate your acknowledgement. :)