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Jones Soda Co. (JSDA) Message Board

  • baldingcontrarian baldingcontrarian Jan 17, 2014 9:15 PM Flag

    most important post EVER! A stake right through the idiot sociopaths BS

    At some point, we're going to be, as you probably have figured out, we're -- in fact right now we have more cash than we do debt. So we've been using our cash previously while other people are out buying what we consider less or more -- what we consider less valuable or more marginal plans than us, we've been pretty active just buying into our own plants and buying back shares. Not pretty active, real active in spending our cash doing that and paying down debt. With the pay down of debt, once it's done then that cash will be used -- assuming we can do as well as we did last quarter, for an ongoing period of time. Cash flow will be huge and at that point it will be up to the board to decide whether to start paying a dividend or whether if this heavy oil operation that's so big, it could be amazing if it works. But again, that's one thing that we could look at and we could look but more probably, knowing our board and knowing they will look at ways to -- besides the buy back, of ways to distribute some of that cash to the shareholders.

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JSDA
0.3725+0.0075(+2.05%)Jul 31 3:34 PMEDT

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