SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Turbodyne Technologies Inc. (TRBDF)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Anthony@Pacific who wrote (2033)9/29/1998 1:16:00 AM
From: Mike C2   of 3458
 
A@P, thanks for your reply
Clearly, a strategy of converting shares in the float to a minority owner via share repurchase
could only happen in an environment where the need for working capital is minimal.
Until meaningful contracts with corresponding quantifiable sales are inked it will be
tough to project the company's breakeven point.

Don't know how you can pronounce that <Turbodyne has no real intention of buying back any shares >
My point, and one I'd appreciate more feedback on, is that taking in cash and
creating more dilution has been a failed strategy and should be avoided. Creating a
new class of nontrading stock with appropriate down the road sweeteners makes more sense to me.
Am I making any sense?

MikeC
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News