RE:RE:RE:RE:JULY HAS BEEN A VERY POSITIVE MONTH FOR ROI SHAREHOLDERSLike I said...for them spending 1.8 million that is doing nothing the float is reduced and your share of the pie now goes up in percentage probably 1.2%. They have also kept the SP from dropping. It could easily be back to .03 or .04. If you owned 10% of the float or 37.5 million shares and the float reduced to 337 million you would now own 11.2% instead of 10% and after 2 years (float down to 300 million) you would own 12.5% . It doesnt seem to mean much but in the case of a sale that means your shares are worth more.
There were also rumours of a one-time dividend in the event they win a large amouunt of money. If they divvied up $30 million then each share would get more with the reduced float. If they keep the SP at .05 instead of even .04 shares are worth 20% more, there is more liquidity and if you wanted to get out there is a buyer at a much higher price than it might be.
If that money could be better spent to increase shareholder value then fine, but if not, go ahead and use it. It also shows potential buyers that they beleive their shares are worth much more than the level they are trading.