SSC Security Services Corp Ordinary Shares V.INP

RE:Future strategy

[WheresMeGold]

You can go back to Input’s quarterly report issued last week, along with other press releases to determine its strategy so I always recommend one do his due diligence. But basically Input has suspended issuing new streams and is collecting cash from the existing streams for the next 5-6 years. As a result Input has eliminated its sales team, and some other employees as well, to keep costs and overhead to a minimum. With this Input has cash and cash equivalents equal to around $1.25 per share after subtracting it’s small amount of debt. 

Input has made it very clear that it plans to use its cash to purchase and retire shares trading at a discount. This will drive the book value up further. Imo Input will continue to buy back and retire shares until the float is very small. It will then liquidate in some fashion with shareholders getting cash close to its book value at that time. This will not happen overnight but it’s not going to take several years either. In the meantime, the continued purchasing of shares via the current NCIB, along with an eventual additional SIB, will easily drive the book value north of $1.40 per share as long as Input can buy shares well below book.

Input has significantly de-risked the company by running very lean, having very little overhead with virtually no physical assets to maintain, and simplifying its business by going into cash collection mode and using that cash to drive up the book value up. And the book value is made up of cold, hard cash and canola interests that get converted to cold, hard cash with each harvest.