Mosaic ImmunoEngineering is a nanotechnology-based immunotherapy company developing therapeutics and vaccines to positively impact the lives of patients and their families.

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Message: Somebody tell me pulllease... how repurchasing of shares is going shareholders?

Re: Somebody tell me pulllease... how repurchasing of shares is going shareholders?

posted on Sep 30, 2009 12:47PM

I could be wrong but the way I view this buying back shares gig is this... If we bought back shares then retired them it would benifit us big time but since all we did after buying back is add shares it diluted them making them less valuable. If we had the millions in cash that would benifit us more than diluted shares. I was so infavor of buying back shares until they added more now I wish we just had all the monies from them. If our bottom line showed cash heavy and share light seems to me that would make us more valuable than having millions of shares out standing we can use as a bargining give away. I know we had to buy to get a certain holder or two out of the game who killed us but I still do not understand the adding those last shares. I know they want to use this as bargining but isnt cash better? what do I know I think I am babbling anyways!

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