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Carley Enterprises Inc. (fka CRLY) RSS Feed

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Share Structure Reverse Stock Split 100:1 August 15, 2005 Shares Outstanding as of January 6, 2006: 70,291,910 Restricted Stock as of January 6, 2006: 63,495,859 Free Trading Stock as of January 6, 2006: 6,796,051 Carley Enterprises, Inc. Announces Stock Buyback Program Thursday August 24, 1:06 pm ET BLOOMINGTON, IL--(MARKET WIRE)--Aug 24, 2006 -- Carley Enterprises, Inc. (Other OTC:CRLY.PK - News) , a diversified holding company which assists emerging, revenue-producing companies in their growth efforts, announced a buyback plan for up to 500,000 thousand shares of its common stock. ADVERTISEMENT With regard to the announcement of the buyback plan, Carley Enterprises CEO Matthew Carley stated, "It is our opinion that Carley Enterprises' current stock price does not accurately reflect the Company's value and potential shareholder benefit. As a result, we believe a buyback at this time is consistent with Carley Enterprises' further growth efforts and will enhance shareholder value." About Carley Enterprises, Inc.: Carley Enterprises, Inc. seeks to acquire interests in emerging companies and assist the companies with their growth efforts. Carley Enterprises, Inc. also invests in private companies and businesses in which it believes have growth and profit potential.
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