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Re: GOLDMAN STACKS post# 45038

Thursday, 04/10/2014 5:39:17 PM

Thursday, April 10, 2014 5:39:17 PM

Post# of 51364
No! Your wrong. The company said they would burn half the intire authorize shares. That's both outstanding and whatever shares the company have in their pockets. It was 500 million so now it would be reduced to 250 million, no matter where the shares landed. I find it so amazing how companies do this, considering neither one of us will lose our shares. As for the buyback, we don't know how many shares the company will pick up. They can't even be so sure themselves. They will just have to bid and try to purchase just like any one of us will. I know the company stated revenuing about 3 million dollars in their last financials. I'm assuming every bit of that will be recycled back into the company as capital to buy some shares back, considering the company will be left with none after they dump the remainer of their shares before burning and buying back. I believe they will atleast recover several million shares in the process. Just my oppinion however. Please don't quote me on anything. Just stating what i see. Hopefully we all can make some money here. I'm pushing for the dime at the end of the day.