OTCPK:EUCTF - Post by User
Post by
xsnrgon Aug 25, 2015 10:19am
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Post# 24048667
Starting to move
Starting to moveLooks like today might be our day. We know it's coming someday soon maybe it's today :)
In the meantime here are a 3 ideas for mgmt to increase the shareprice with this deal and cash influx:
1) One time special dividend. This is my least favorite since it will cause a spike, a bunch of people will bail and then it will be a slow climb back to 20 cents. Of course we will have tons of cash in our pockets which is always nice.
2) A recurring quarterly dividend of 1 cent per share. If they declare this it will keep people around while we grow the business and even at a conservative 10% yield this would justify a 40 cent shareprice. (80 cents @ 5% yield), we have the cash to do this for at least 5-6 years with this deal. Imagine a penny stock that pays a recurring dividend, Bruce mentioned this was on his radar last quarter and now's his chance!
3) Shawshank mentioned a share buy back program. I love this idea and even $5M worth of buy back could get a substantial number of shares out of the idiots hands that are selling south of 20. You get 25M shares @ 20 cents, 33M shares @ 15 cents and 42M @ 12 cents which is over 50% of the float!
I just hope they don't keep all the cash and not communicate with us and leave us thinking the worst. I secretly hope they do #3 but dont tell anyone they are doing it (not sure if that is legal) that will allow them to grab more shares on the cheap and get a better bang for our bucks.
In light of this new deal I will not be selling a single share below 50 cents so the faster we get there the better! GLTA