Suppose the EBITDA - achieves 17.6 million = 400 more slotsThen with a wish and dream - imagine if PYD did buy back some shares -
$4,000,000 divied by .04 cents - 100,000,000 shares bought - hypothetical -
( just look at the last spead - .04 - .05 cents - grrr !)
If it's possible - it would leave....
Roughly 250,000,000 - common shares outstanding
$17,600,000 market cap (400 more machines)
divided by 250,000,000 = .0704 x factor 7x = $0.4928 cents
10x factor - would be = hyper-ventalate mode... lol
A dream come true... lol
This is why i want them to buy back some shares...
What's that song? Its now or never? lol
Such a perfect time to buy back shares....
It would eleviate the resistence = eleviate the concern of consolodation = stock held by company creates confidence of company holding own stock = not to mention the value the stock would bolster = and once it did rise = creates less of a risk or concern of consolodation with less shares out = investors would be far more apt to invest = all providing PYD has great quarters = consistent growth = with superb EBITDA's that grow and compound each quarter -
Imagine...
100,000,000 shares and if the stock ever did go to..... say .50 cents? (example above)
They could sell just 10,000,000 of their 100 mm @ .50 cents = $5,000,000
still leaving 90,000,000 shares in their favor - still a significant number - and once 1/10 is resold atthe higher valuation - it amazingly recoups thier original $4 million - still coming out with an extra 1 million.
Just hypotheticals - I'm in dream land - just a wishing... lol
Don't know how it works - buy back of shares - or if its even possible such an amount?
I've read articles on what it does for a company if they buyback - but unfortunately I've never been in a stock with a company buying back shares - havent a clue how it works...
Cheers !