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Message: Market Cap $7.5 Million

If not now, when, does a company consider buying back its shares?

Certainly working capital is to be taken into consideration, but with more settlements on the way I cannot think of a better way to directly increase shareholder value while sending a message that Nunchi is the future and more settlements are expected.

They sold those shares for a dime or better and could be buying them back for 2.5 cents, while leveraging the Flash-R and attempting an Nunchi launch. Per Nunally, they expect partnerships to finance the Nunchi effort.

This is one ugly market. They should take advantage.

However, 4 more years of this stink and kiss it goodbye, and I'm not talking EDIG.

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Oct 04, 2011 11:24AM
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