Replies to post #23464 on Zicix Corp (ZICX)

[SpaceCityRocks]

MMouse,

You asked ...
Give me a reason why acquiring another organization for its revenue is a bad investment?

How about when the company you are acquiring hasn't had a shingle hanging on any door forever now that says 'Open For Business.'

I live in Houston.
Tell me where I can go to view the physical assets BEDA is acquiring.
Tell me one office or clinic around this much touted Texas Medical Center where I can see TMH or Basic Solutions mobile services in action. Just name a place & time, I'll make myself available.

Whatever!

[Ket]

Acquiring a company is not a bad thing if you have the cash to do it. Same with a share buyback.

My issue with BEDA is they have no cash and negative cash flow. If they acutally had the cash to safely acquire another company, this stock price would not be 0.0018.

Same with the share buyback. Who knows what the terms are but if you're incurring debt (i.e. outside investor) in some way to decrease your float, I would not consider that a positive move.

Now if they were using their own cash reserves to do so, I would consider that to be positive news.