Post by
Possibleidiot01 on Aug 28, 2021 6:54am
comments on the call
Benedictus, I do agree with you abou tthe litigation - if they are not assertive with litigation the company has little value. The IP is the value of this unique company . If everybody can do what Enwave can do , what's the point?
I viewed the comment about the normal issuer bid as we will use it if all else fails to raise the value of the company.
"If our marketing efforts in the capital markets combined with much improved financial and commercialization progress don’t stimulate market capitalization improvement and a fair value from the perspective of the EnWave’s executive management and Board, we will consider using our NCIB to purchase back large amounts of stock."
To my ears , this sounds like we don't really want to use it because we have better uses , many outlined in the call, for the money.
Listed in the call participants was John Budreski - did he say anything?
Comment by
prophetoffacts on Aug 28, 2021 7:05am
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prophetoffacts on Aug 29, 2021 8:07am
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prophetoffacts on Aug 29, 2021 8:14am
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prophetoffacts on Aug 29, 2021 11:22am
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Comment by
Benedictus on Aug 28, 2021 9:37am
Possibleidiot, yes agreed the NCIB will be more of a last resort to purchase unrecognized value if/when that might occur once they've reengaged the investor community and continue proving out future successes. But it's a good back pocket option.