The time to buy back shares is now when the pps is @ .01, not when its .10 and will cost 30 mil.
Also, by the time the pps is .10, most of the flippers and day-traders will be gone. From the standpoint of the company, 3 mil invested now will easily get it 30 mil in savings in 6 months.
Sounds like a deal to me. And again, I don't think this is what a reverse split is be cause it is a
buy back, not a slit on all out-standing shares.
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