RE:Share repurchaseBigmac4000 wrote: I called that one. It was one of the only options to get us above a $1 since we have absolutely nothing worth value that would cause the stock to go up the natural way. 38 million shares. What would our value be today if we still had the 7.7 million shares from the RS? Now they will manipulate the stock for 10 days to restart the Nasdaq clock. What a sad way to exist. David talks about 3 year plans , dude it's been sinking since 2019 and back then you talked about a three year plan lol . Those three years expired and we are below a dollar with absolutely nothing accomplished. We own the rights to things with zero value. The patent on the great flop FSD-201 i believe expires in 7 years. By your math it will be successful around 2026 and be useless 2030. Who would invest in an expiring patent? Don't get me wrong, this buy back is the better of the two evils. I'd rather see share repurchase than RS obviously. But it's a 2 million dollar option with a company that diluted the shares to pay the bills. How long can they survive this way. It's like paying visa with your Mastercard. Zero income since 2018 , diluted shares to pay employees and now taking from that fund to get shares above a $1.
Looks like the clawback to a buc has started, and that's all it is, a few million on the buyback is nothing. Short term play is all. Nice anaology on the rest. It's the way she goes here.