advice needed, page-20

re: advice needed, smuggler they are the 4 options........

i do not prescribe to the option of a buy back.

SEN is an emerging technology company where cash is king.

I hope SEN using shareholders funds in this way do not preclude SEN from other opportunities......and or paying a special dividend.

and its not a balance sheet issue.....

shareholder equity is a balance sheet issue.

whether they buy shares on market or have the cash in the bank.....its assets minus liabilities which is shareholder value and the balance sheet metric shareholders should concern themselves with.

NOT the size of the share register.

The share buy back is using shareholder equity.

and in doing so.....diminish shareholder value.