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ProTek Capital, Inc. Announces Share Buy-Back Program
ProTek Capital, Inc. (PINKSHEETS: PRPM) is pleased to announce that the Company plans to buy back up to 400 Million shares of its issued and common stock as part of a share buy-back program pursuant to Rule 10b-18. The Company's President, Robert Zysblat, will be directing the program which will run from 1st January, 2011 to 31st December, 2011, or until all of the shares have been purchased, whichever shall first occur. While the Company is not under any obligation to repurchase shares under this Program, the Company is excited about the Program and believes it will enhance the value of the investment focus to acquire software companies
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"These announcements illustrate our confidence in the long-term growth of the company and our commitment to returning capital to our shareholders," said Robert Zysblat, President.
If you look at the agenda for the shareholder meeting on the 14a it says that the first item is a vote to increase the AS from 33 mill to 100 mill.
So if they are voting to increase the shares by 3x why would the RS the stock wouldnt it bring it back down to the current AS level or am i just wrong about that? Trying to understand how that would work.
PRPM Great bottom play here. Technical indicators are pointing up. News is expected any time on Share buyback plan. Looking great at these levels.
PRPM Great bottom play here. Technical indicators are pointing up. News is expected any time on Share buyback plan. Looking great at these levels.
NITE off the ask on SYYC. Rumored RM on the docket for the shareholder meeting on Monday. Low share structure. Worth a few pickups here
Either of the Mods for the board still active on here? We could use some stickied info at the top.
Triple Zero’s Alert – PRPM
Alerted by Pennystockguru
If news hits this will move, just need a little volume and the MM's will start falling
http://thepennystockgurus.com/articles/triple-zeros-alert-tsnp-prpm-prmo-uwrl-mtiz-awyi-mtro/
PRPM might be worth a look as a good bottom play here. At .0002/.0003 right now. Expecting some good PR's to be out soon concerning share buyback amongst other things. Worth a look
Was PRPM not current status on Pinksheets recently? I was browsing the filings on pinksheets and there was an attorney letter to get current status that was posted on Dec 28th, I couldn't find any tier change recently though.
Is their a relation between PRPM and neg s besides the dividend before? The SS is pretty attractive for a stock at this level sooner or later I think we will see a run to .001+ just a waiting game till then
PRPM Volume Alert. Coiled for a run
5 MM's left at .0003 AUTO moved to .0004 Hope to see some volume soon on PRPM
PRPM 5 MM's left at .0003 This is ready to explode on news. Aggressive 2011 agenda was announced including 400 mill share buyback. Technical indicators look good. Should see a nice bounce from these levels.
PRPM 5 MM's left at .0003 This is ready to explode on news. Aggressive 2011 agenda was announced including 400 mill share buyback. Technical indicators look good. Should see a nice bounce from these levels.
PRPM .0003 Setting up for run, bid support increasing over the past couple days. 400 mill share buyback in progress.
PRPM .0003 Setting up for run, bid support increasing over the past couple days. 400 mill share buyback in progress.
Bid is coming back on PRPM. Gained two on the bid since yesterday. Setting up for a run on some news.
FWIW I emailed the president of PRPM today. He responded within and hour. He confirmed the SS on pinksheets is current. I asked him about future plans for some of the agenda items, he said they would be PRed when they happen. Nothing really specific but its better than having your email ignored like many other CEO's
PRPM Up 50% on low volume. Found bottom, ready to rally now.
400 mill share buyback happening soon, .0003 good spot to get in
PRPM Up 50% on low volume. Found bottom, ready to rally now.
400 mill share buyback happening soon, .0003 good spot to get in
The website looks to be up and fully running now. Has a decently professional look to it. Hope they are getting their act together now, i've sent some email's out hoping to get a response from the company.
PRPM is looking good. Most of the action has been on the ASK this past week, I dont see any signs of dilution. People are quietly accumulating this for a run in the near future. Definitely worth keeping an eye on it.
PRPM .0004's getting hit. 400 mil share buyback coming in 2011, recently came off its bottom. Dilution is over. This is due for a bounce to .0008+
PRPM .0004's getting hit. 400 mil share buyback coming in 2011, recently came off its bottom. Dilution is over. This is due for a bounce to .0008+
PRPMup 33% on very low volume. Trading at .0004 right now, coming off its bottom. Dilution appears to be over, should be worth a look this week. Can see this bouncing up .0008 pretty easily with a little buying pressure
PRPM up 33% on very low volume. Trading at .0004 right now
Dilution appears to be over, should be worth a look this week. Can see this bouncing up .0008 pretty easily with a little buying pressure
PRPM getting more hits at .0004, doesn't look like anyone is selling. 400 mill share buyback happening in 2011
More hits at .0004, 17mill traded today almost exclusively on the ASK. Looks like people are starting to catch on to it.
If there is anymore dilution it doesn't seem to be happening today. Almost all the action today has been on the ask, looking like a great start to the week, need to get some more eyes on it from here
PRPM 1 mm left at .0003 400mill share buyback
PRPM 1 mm left at .0003 400mill share buyback
PRPM .0003 at 52 week lows. Due for a bounce, company has big plans for 2011 including a 400mill share buyback. Could easily bounce to .0006 or more with a little buying pressure.
PRPM .0003 at 52 week lows. Due for a bounce, company has big plans for 2011 including a 400mill share buyback. Could easily bounce to .0006 or more with a little buying pressure.
Companies will dilute in order to raise money for projects. The recent PR stated what their plan was for the new year. If they are diluting it sounds like they have a solid plan for the money being raised which would further increase the shareholder value
Record Volume on PRPM. This is due for a nice run.
Buyback has been confirmed by the company. It will occur over the course of 2011. The chart for PRPM is due for a bounce with the 20 day MA at .0006. I see this as a 100% gain this point. Triple zero stocks have a tendency to gain momentum and if PRPM releases some quality news, then this will move.
PRPM, Share buyback, bottom prices here. Could see .001 soon
Good day coming for TLAN
TLAN 126 Mill float. Moving up on low volume today. .05 cents not long ago. .0034 right now, Current with pinksheets can easily run to .01+ in a week if we get any buying pressure.
TLAN 34's getting hit, should fall soon