Cuentas Inc (CUEN)

[714]

etrade shows 2.8 billion but who knows could be more or less
market cap @1.7 mill

The Company anticipates adopting a stock trading plan (the "Plan") established in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended (the "1934 Act"). Rule 10b5-1 allows companies to adopt written, pre-arranged stock trading plans when they do not have material, non-public information. The Company also anticipates that purchases under the Plan will be made in the open market, through block trades, or otherwise, and will be made in compliance with Rule 10b-18 under the Securities and Exchange Act of 1934. The actual amount of shares purchased will be based on 10% of the sales of our apple juice and water products through our online store. The Company expects the Plan to last for a period from January 1, 2015 until December 31, 2015. While the Company is not under any obligation to repurchase shares under this program, we are excited about this buy-back program and believe that it will enhance the value of the company to our shareholders.
"We believe this is a win-win for the company and its shareholders. The Company's newly launched apple juice, together with its water product, have the cash generation capabilities and substantial growth prospects to allow for a stock buy-back program. As we continue to invest in new business growth opportunities we believe the repurchase of our stock represents another attractive investment opportunity for us at this time," said Robert Rico, CEO of Pleasant Kids Inc. We are pleased as we have lowered our debt and paid off the convertible notes to Asher, Redwood, and JMJ Financial and will soon be finished with all of our convertible debt. We are committed to the reduction of our outstanding shares and will be exploring additional ways to add to those reductions. We will post the results of our buyback on a monthly basis as well as our transfer agent report to show the progress of our efforts. It is our goal to achieve a substantial reduction in our outstanding share structure through our buyback efforts and bring value back to our shareholders. In addition, there will be no reverse split of our common stock in 2015.