From Investorsoup-e.Digital Corp- Can you Dig it? Posted by Jeffrey Dean
Just like I recommended with SPNG, they should drop a bomb in their capital structure. A buyback of a hundred million shares would help. It would only cost them $10 MM. The company actually has a decent balance sheet…some cash in the bank and no long-term debt. It has a retained loss of almost $80 million which should provide a buffer against taxes for a few years.