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What happens when a company buys back its shares?
By Investopedia Staff | Updated January 4, 2018 — 6:29 PM EST
When a company performs a share buyback, it can do several things with those securities.
1. It can reissue the stock on the stock market at a later time. In the case of a stock reissue, the stock is not canceled, but is sold again under the same stock number as it had previously.
2. It may give or sell the stock to its employees as some type of employee compensation or stock sale.
3. Finally, the company can retire the securities.In order to retire stock, the company must first buy back the shares and then cancel them. Shares can not be reissued on the market, and are considered to have no financial value. They are null and void of ownership in the company.
You're talking about Green & Owen. Guys who have and know all about Big Board companies and what is required to get there. They said they would not do a RS.
A share reduction is in the works as we type. We're waiting on that news among others.
There are avenues to get there without doing a RS. Buy back and retire being one of them. Can't tell what or how but i know they said no RS.
UTOP
It's already been said no RS will happen.
UTOP
Or we didn't have MMs playing games and holding us down.
UTOP
Right in every way. I'm perfectly content being patient and dancing to the tune the big boys play. This is not your normal dance in the OTC. Green & Owen are not new to this scene. Provin track records. Years of experience. Many areas of expertise.
Folks, every base will be covered on this well thought out business plan. Every angle has been thought of and worked. All the i's will be dotted and all the t's will be crossed. Matter a fact..... I'm guessing they already have.
If you're on the fence I suggest you read up on the players behind the scenes. Get your homework done quickly because it's going to get moving very soon.
Block out the noise, the impatience, the worry. You're in good hands. Settle in for a good ride and a potential life changing stock if you're ready to put in the risk. I know I did.
UTOP
Those look really good EMZ. I'll take 1500 shares worth haha...
UTOP
You would be incorrect on your unfortunate holders. The couple holders in question projecting huge pps are sitting VERY well. Been in for awhile and have plenty of shares. There might be some obv who are red.
That being said.... the team is outstanding and the possibility is there. Imo .20 is just getting started. Time will tell.
UTOP
ANDI is still gonna smash all expectations. Keep loading while you can. It's not gonna last.
UTOP
I didn't know sinks could sink...lol
UTOP
Now that's some funny shiz haha...
UTOP
Louden Owen is known for being an amazing lawyer. I would research him a little bit.
UTOP
It's Twitter. Couldn't edit it. I just posted it for someone who couldn't. I didn't sticky it. So anyway...... moving on
UTOP
I sometimes think about not getting in earlier. Like man, I was in the wrong stock in early December.... then I think. Dude, you are in and sitting good.
That's your spot... you are in and sitting good.
Because it's about to blow.
You did what you thought was the right thing at the time. Everything fell back in place. Hang tuff. Enjoy the ride.
UTOP Strong
I didn't sticky it.
UTOP
Linked In conversation spoke of in earlier post.
The fact they didn't entertain him says they are already in bed with someone bigger imo.
https://investorshub.advfn.com/uimage/uploads/2018/3/1/hrxmtmessage.png
Good morning. It's March. Let's go U Team. Do your thing. We'll be waiting.
UTOP
Peace, Love, & Hold. Welcome back.
UTOP
ANDI Strong. Let's go.
UTOP
Very good post. Looking forward to months ahead, not minutes or days. This has the opportunity for huge potential. I didn't even bat an eye yesterday when panic set in.
Remember who is in your corner.
Darryl Green
Louden Owen
Mike Starkweather/Jason Steinberg
Cycloides
Multiple catalysts here guys.... do not cave to the everyday noise.
UTOP
I'm in this group fellow longs. Like minded ANDI/UTOP holders in here. We talk ANDI and keep each other grounded and share news and thoughts.
UTOP
Typical.....
UTOP
This news was bonus news. Not even one we were expecting.
UTOP
I'm a long term hold. SS is being evaluated as we speak. It's in the lawyers hands.
UTOP
It's Jason Steinberg.
CTO/Co-founder of Utopya.
UTOP
I see what looks like a phone on the green screen that was moved out of the way.
UTOP
Good morning everyone. Looking forward to a great week.
UTOP
This is awesome. Another small step on the ladder up. Great things are happening here and its great to be a part of it.
UTOP
Lol
On the Utopya Barcelona Tour Bus picture. I noticed a couple things.
1. On the side of the bus towards the back it says "Free WiFi" and has flags for numerous countries. Is this a clue....
Free WiFi to billions of mid/lower income people on a mid/lower income smart phone plan from an amazing company? Provided by over 100 satellites launched on Jan 12th with Owens name attached to it.
I have read some of these details. Thoughts?
2. Message *Get on the bus*
UTOP
Read the yellow stickies up top
UTOP
Yeah, i just hope you were smart enough to load today. Get off the nonsense and shoot straight with this one. It's a game changer....
Load correctly with this and you won't have to play games anymore.
#truth
UTOP
Gotta love it... Gotta love it. Lol
UTOP
Whose got the 1 mill bid at .022?
MMs gonna push down to fill it...hmmm
UTOP
Added more.
UTOP
Good morning everyone. 1 day closer to something truly amazing.
UTOP
Now THAT, is probably the stupidest thing you said all day.... and you had some stupid ones.
UTOP
EVERYONE click on StockZoom profile and take a quick look at all his posts. Haha
Wonder what this guy does for a living....lol
UTOP
How old are you? You seem a little immature.
UTOP
Like a boss..... ;)
You would be correct. Feb 9th it was.
UTOP