Re: Monday Morning CFOing - Jimbo
in response to
by
posted on
May 13, 2008 01:21PM
I guess, firstly, were the funds to be needed or available immediately? Secondly, had the funds been in a money market account and then used to buy back 10 million PTSC shares at .60 late last year, many would now be wringing their hands over the loss of $5 million from repurchased shares. In the end, maybe it was good that we did not have the use of the funds over the last six months.
LOL, almost.