Zhong Nong Yuan Fang Holdings Inc (ANAS)

[JJAAMMAANN]

$$$ ANAS $$$ Share Count

http://www.otcmarkets.com/financialReportViewer?symbol=ANAS&id=117252

Premier Mortgage Resources, Inc. (the "Company") was incorporated in the State of Nevada on August 17, 1995 under the
name "Mortgage Resources, Inc." The name of the Company was changed on August 20, 1997 to its current name........In March of 2007, an amendment was filed with the State of Nevada to increase the
number of authorized shares to 5,000,000,000 shares, which is the current structure to date......

Exact title and class of securities outstanding: Common
CUSIP: 740530308
Par or Stated Value: $0.001
Total shares authorized: 5,000,000,000 as of: 12/31/13
Total shares outstanding: 2,359,983,160 as of: 12/31/13

http://www.investopedia.com/terms/b/buyback.asp

Definition of 'Buyback'
The repurchase of outstanding shares (repurchase) by a company in order to reduce the number of shares on the market. Companies will buy back shares either to increase the value of shares still available (reducing supply), or to eliminate any threats by shareholders who may be looking for a controlling stake.

Although the company could retire the entire amount of the Authorized shares that had not been issued yet, i dont believe that is an option on the table...because They would lose their controlling stake in the company. Then which ever shareholder owns the most shares would have the controlling interest in the company. Thus being able to force their will upon the company and make decions beause of voting power of a public company. Right now the Company still owns and controls almost half of the total shares authorized. I am sure they would like to own at least Half of the authorized shares...so there would never be any threat for a hostile take over.

Even in the event that one shareholder, or a group of shareholders together gain more than 51% of the shares, they would have a controlling interest in the company and be able to control any vote by the board of directors of the company...which is voted on by the shareholders...typically by proxy.

So...my opinion...and my opinion only...they are buying back shares, and will continue to buy back as many shares as possible...especially to gain more than 1/2 of the authorized share count. This will increase the value of the shares left in the issued balance and in the float. There are other shares that have been issued in the past to pay for work such as the convertable notes...those are not included in the tradable float. Those are typically restricted for a set number of months or years as stipulated in the agreement when the work was performed or money was loaned to the company. After the company ensures that they have "Bought Back" more than 1/2 of the total authorized...they will then start to retire/cancel shares.

With less shares available for trading, people are wanting to hold on to the shares that they have, and therefore causing the bidders to have to pay more for the shares that they want...thus creating an increase in value for the company and an increase in PPS. The caveat is that buy backs take months if not years to complete because there are strict rules put in place by the SEC.
Hope this helps...

In My Own Personal Opinion Of Course!
Long ANAS!