RE:RE:RE:"Impressive Progress"There's plenty of shares being traded to start a buy back. Start modestly and take advantage of volume when it arises. It's not necessary to purchase a lot (or anything for that matter) on any given day or week. Also, the company can't just issue shares to institutions unless they're converting derivatives, like warrants. There's a process for issuing new shares which would show up on SEDAR.
In terms of history, the comany wasn't profitable...until it was. And the company wasn't cash flow positive...until...now, perhaps?
Regardless, if collections happen in a material way, a buyback could start. And, of course, it's obvious that, if the collections don't happen, the buyback won't start. As I mentioned before, I think building up a healthy cash balance should take priority at first.
Efnjesuschrist wrote: None of that is relevant because we really don't know how things are suppose to come along. Hype and disappoint. Btw, who are they buying shares back from? You can't squeeze a share out of shareholders. The way it looks, company has been issuing shares to institutional investors because they couldn't buy on the exchanges.