New World Gold Corporation (NWGC)

[Ole Broke Azz]

they are only obligated to purchase 1 share by dec 31, 2014 as the press release stated

it will begin a buy back of 20,000,000 of its common shares under Sections 9(a)(2) and 10(b) of the Exchange Act and Rule 10b-5 under the Exchange Act when issuers repurchase their common stock in the market in accordance with the Rule's manner, timing, price and volume conditions. Each of the conditions of Rule10b-18 must be satisfied on each day that the repurchase is made. The initial repurchase will be completed by December 31, 2014.

the statement is very vague and it you read it literally it says that a buy back of 20mm and the initial repurchase will be completed by 12-31-14... it conveniently left out the number of shares to be purchased in the initial repurchase... or when the 20mm share buy back would be completed.

Talbot is no fool and has not painted himself into any corner. it is people that read and assumed that are going to be disappointed