Top, I took the email and specifically that section of "what is happening, and NOT happening" to mean that the RS is NOT happening. Piecing together all the emails that have been going on around here. In one email James talks about Karma and people getting what they deserve 100% of the time. He also stated that there was good news and bad news in the upcoming PR. I do not think that the bad news is an RS due to the Karma speech, and the emphasis on the "NOT" since he has been getting numerous emails questioning whether he is going to RS. It is my belief that there is a lot of change going on in the agency, some of which we may see as bad news. There was talk from franchise owners of Tyler Libby taking back the company, or having a part in the company. There are weird things happening with the lack of media based marketing, web site, and information in general.
To some people they read the emails as Jim "NOT" doing the buyback and instead doing an RS. They are entitled to their opinion as much as I am to mine but I just don't see an RS. After taking 750 million shares out of the float which in my opinion were bought in some manner or another; why would he RS. The website is down for a reason in my opinion, he is waiting for the Krakken to be released.
If Jim was going to RS, he would have put out a PR about the reduction in the float, amped up the website, got a pump and dump firm on board and sold the shit out of this after the PR was released. The fact that he has been completely silent, no announcement of the buyback, or the reduction in the float, the website is dead, no Q yet, and contention between the franchise owners tells me that something huge is going on. Jim is not a dummy, he knows he only has one shot at getting this out of the box and forcing the NSS to cover. In my opinion he is waiting until everything is in place, then he will PR all that is going on and start, or ramp up the open market buyback. All IMO of course.
ATYG$$
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