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Monday, 06/23/2014 12:43:39 PM

Monday, June 23, 2014 12:43:39 PM

Post# of 42621
$$$ ANAS $$$ SHARE BUY BACK and UPLISTING!

http://www.reuters.com/article/2014/05/06/mi-anas-sharebuyback-idUSnPn2kMfBb+8a+PRN20140506


Alternaturals announces plans to refine its share structure using several methods including a share buyback program
PR Newswire

GRANDVILLE, Mich., May 6, 2014

GRANDVILLE, Mich., May 6, 2014 /PRNewswire/ -- Alternaturals, Inc. (OTCPink : ANAS) today announced that it has plans to begin buying back shares in the open market in order to increase shareholder value and position the company as either a favorable acquisition target, or for listing on a reporting market in the future. However, senior management vows not to reverse split the company.

"We decided right from the start not to reverse split the company because it would hurt the existing shareholders who purchased equity under the previous business model," said the company CEO, Emmanuel Gyamfi, who went on to say, "For that reason, we have to be diligent about using a more organic share reduction strategy, including buying back as many shares as we can in the open market and cancelling them completely. I was very hesitant about setting up a share re-purchase program because it seems like every pink sheet company with a large number of outstanding shares says the same thing, but in our case, we actually do what we say we will, and we have the ability to do it without raising more money, so it only makes sense."

The company wants to make sure that the share structure is attractive to larger firms looking for an acquisition, in the event that becomes the best route to take. The company also wants to be ready for listing on a fully reporting market by the end of the year as a longer-term plan. Since the venture has only recently been launched in the public market, that end game could go either way, and senior management has planned for several strategies since the beginning. The company made sure there was enough initial investment on the table to acquire shares in the market without having to do secondary funding, at least until the company was in a position to turn away any types of money that would be detrimental to the company's short and long-term value. Alternaturals has no plans to acquire more debt or do any "shortcut financing", so share structure was one of the first concerns when putting the original deal together.

Company CEO, Mr. Gyamfi wants the shareholders to know that while building the business is his top priority, he is also very sensitive to the needs of the shareholders, and always looks for ways to increase their value without slowing down progress. In addition to the many business strategies being implemented, PR is one in which a long-term plan and schedule is already in motion.