Revolutionary Concepts Inc (fka REVO)

[Popeye J]

Increased volume each day will raise the average daily volume and allow buyback to occur quicker over time. They can only buyback 25% of the average daily volume according to SEC Rules. Could be shorty too. ;)

The rule breaks down as follows:

Manner of purchase: The issuer or affiliate must purchase all shares from a single broker or deal during a single day.

Timing: An issuer with an average trading volume less than $1 million per day or a public float value below $150 million is unable to trade within the last 30 minutes of trading. Companies with higher average-trading-volume or public float value can trade up until the last 10 minutes.

Price: The issuer must repurchase at a price that does not exceed the highest independent bid or the last transaction price quoted.

Volume: The issuer can't purchase more than 25% of the average daily volume.