6 Comments
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Intoobus's avatar

Hey! I saw your post on my homepage and wanted to drop by and send you some good vibes. Whenever you have a moment, I’d be grateful if you could do the same. I’m always happy to support and lift each other up!

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David Katunarić's avatar

Great find. Do you expect them to return some FCF/cash back to shareholders? I see they did a large buyback about 8 years ago.

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Lionheart Investing's avatar

You know, I would love that, but I really have no idea. One would think putting out some big old dividends or something would be a good way to reward shareholders and make yourselves more noticed, but these little backwater companies don't always approach said things logically...and this is one of the better ones imo 😂

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David Katunarić's avatar

Also, I see them registering 1M shares for issuance just last week.

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Lionheart Investing's avatar

Ooh I missed that new share issuance registration though. Doesn't really change much for me, but does make one wonder why they'd feel the need to do that...instead of BUYING 1 million shares 😂😂 could you send a link to that share issuance registration?

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Eigenvalue's avatar

Thanks for sharing the idea. Share issuance is part of their equity incentive plan

https://www.sec.gov/Archives/edgar/data/747540/000121390025050028/ea0244119-s8_surgecomp.htm

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