OTCPK:RIDYF - Post by User
Comment by
gossincon Jun 16, 2007 9:54am
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Post# 12953883
RE: TO: J.G. RIVARD
RE: TO: J.G. RIVARDGood info REccos Thx.
RIC is buying back their stock. I guess they think they have enough PAT or maybe their investment had a term that would not allow for further stock % increase. WHo knows !
Anyways, I think that they see LOV and the new Valentine as even better than Island and hence, why not buy back shares of RIC which owns 80% plus of LOV and 100% of the 70% in Valentine Lake. Time will tell but the key is that CEO has made huge promises for growth.
I still think they should hitch up their cart to another comparable like company and vault to mid tier status where the real cpaital is.
We (including them) will be so much better off by joining a great synergy co.. I picked AMC.V but it could be others.