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molly1

07/06/11 2:29 PM

#7107 RE: Ben Carn #7106

What happens to our shares when the "buy back" happens? Do they simply go up in price?

-Awaken-

07/06/11 2:34 PM

#7108 RE: Ben Carn #7106

Yes sireeee I will have more before August

Millenium323

07/06/11 2:54 PM

#7109 RE: Ben Carn #7106

I doubt if revenues will increase much at all from the previous quarter. However the assets will increase significantly and should take the stock to a higher plateau. The book value right now is .l2 per share. That figure only included the video portion of the content library. The audio portion of the library will be booked in the next report and was twice the value of the video library. So the updated asset valuation should at the very least triple the book value of the stock. In addition the company will be digitizing their audio and video library and that will make it easier for them to license the material as well as increase the asset value of the company further. This in addition to the buyback will be the near term impetus for share price increases along with the fact that the stock is currently significantly undervalued.