Not creds for buyback till bills are paid....IMO tossed this BS out for damage control and nothing else. IF they should happen to reiterate this after the bills are paid, THEN I might be happy...not b4.
It's an unsual concept, but not very difficult to grasp :-)
HHSE has taken out convertible debt when times were bad and was forced to issue equity to cover those debts. Now as cash flow and profits permit HHSE buys those shares back and retires them.
Kind of like using a credit card (and repaying the balance in full over time as income permits).
Only real issue is the percentage dedicated to the repurchase so the buy-back doesn't negatively impact future revenue growth.
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