Appliance Recycling Centers of America Inc. Message Board
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market up 18% this is down 18% ... unreal. 36% spread ... is it that bad ...
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and company is buying back stock at this discount in lieu of dividends.
like in a driip but at a 37% discount ... gotta love this .. -
rather have the buybacks then dividend. its like reinvesting the dividend, which i do anyway, but at a 35% discount without any taxes.
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http://finance.yahoo.com/news/appliance-recycling-centers-america-inc-203000143.html
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Since 2007, our partnerships have generated an aggregate of more than $975 million in payments from upfront and licensing fees, equity purchase payments, milestone payments and research and development funding. In addition, for our current partnered programs we have the potential to earn $5.1 billion in future milestone payments. We also have the potential to share in the future commercial success of our inventions and drugs resulting from these partnerships through earn out, profit sharing, or royalty arrangements.