Replies to post #16929 on American Green Inc (ERBB)

[sahd3g]

CTKH announced a long time ago that they would do share buy backs.....I'm not sure if they have done them yet....its another pk, so info is hard to get!!

[stehisit]

A buyback only makes sense if a company is cashflow positive. The only buyback that would make sense here would be for a large investor to buy the shares and take this company private.

[STEHSUCKER]

Plenty of good points regarding stock buybacks.. wasn't arguing that point, simply that SUnncomm doesn't have enough cash to buyback a significant portion of 500mill shares so it would only be a gesture and a wasted one at that since it would rob funds from other much needed advances.

Management diluted the crap outta this stock and it would be great to see it unwound, but it's not a reasonable nor realistic alternative.

Make no mistake, I remain a harsh critic of management and am in no way a cheerleader now for this stock. There have always been potentials here and that is why we're here, but to date management hasn't lived up to much of it.