Zicix Corp (ZICX)

[stervc]

jackg152004, with these buyback thoughts...

Those are some awesome thoughts. BEDA does have a MCLN type of feel towards it. Most pink sheet stocks that mentions doing a buyback never end up doing one and use such news to increase volume and interest to sell shares. It’s awesome that the Transfer Agent (TA) is ungagged and people have been calling the TA everyday to confirm that the share structure have not changed in months. That alone is huge.

Still, it's going to be important as to how the company convinces the market that they have actually not just bought back shares, but a substantial amount of shares. As far as how they got the money to do such, I think investors wouldn't really care as long as it was done legally and ethically.

MCLN was originally sitting in the .001s while not even having a board on IHub for it. I started the board and from there it later ran from the .001s to .018 per share to stabilize back down in the .004s to .006s price ranges for a little while. Then later MCLN ran to .076 per share. Just so inquiring minds won’t have to wonder, MCLN ran on its own merit and not because of little old me starting a board or not.

It appears that certain SEC rules permit the company to be able to buyback 25% of the previous 4 week volume as what was brought out earlier within the forum. Maybe the interest to generate volume over the past 4 weeks was somewhat orchestrated to allow for more shares to be bought back. It appears that given the time the company PR-ed for the closing of the Texas Mobile Health acquisition to be done by 15 Mar 10, the buyback is next on the agenda to ensure completion before announcing the closing. That would make sense because buying back the shares to reduce the Outstanding Shares (OS) amount and then making an announcement of the Texas Mobile Health acquisition gives more value to BEDA and the deal because it would be done under a much smaller OS which is used as the key fundamental denominator to derive an EPS for assessing fundamental valuation.

BEDA has the same type of potential for a very similar run or better as MCLN was on the Regulation SHO Threshold Security List too. According to the SEC, an official covering is supposed to take place as explained in the post below:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46282345

I actually did not buy BEDA because of seeing it as a Reg SHO play. I did not buy BEDA because of the Texas Mobile Health acquisition that is expected to close very soon. I bought BEDA because of how it is positioning itself to close their second acquisition they are lining up that generates over $10 million per year in Revenues, have 6 different facility locations, and provides daily service to over 180 patients per day. This is when the huge valuation kicks in as I anticipate that we very could be well into the pennies just from the closing of the Texas Mobile Health acquisition alone. The buyback and this first acquisition is simply part of the plan to position the company with a much larger value in the BEDA shares to use as enhanced leverage for closing the future acquisitions of this company. This is the risk I have chosen to take here with BEDA.

v/r
Sterling