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marketschmarket

06/08/10 8:51 AM

#58771 RE: dannytwins #58769

No buyback, they are not even profitable YET!
Give them some time and they can make those "enhansing profits" types of decisions.
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MCA

06/08/10 8:54 AM

#58772 RE: dannytwins #58769

That would be ideal, but as long as ZVTK has debt it is cart before the horse, and as i understand it convertibles must be retired before buy backs can occur.

IF there are retail deals imminent, then presumably the convertible debt can be satisfied. A buyback accompanied by an AS reduction would send this stock into absolute orbit. But ... these things are oft-discussed in pennyland, but remain as elusive as leprechauns.

As of now, we've got pretty good demand, and the PPS doesn't budge much, which indicates a pretty good supply. If we don't head north soon things are going to get pretty discouraging ... so I'm hoping for some solid news that gets us back to .005 at least.

GLTA