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IL Padrino

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IL Padrino

Re: Orangeman3 post# 9013

Friday, 05/05/2006 7:35:53 PM

Friday, May 05, 2006 7:35:53 PM

Post# of 36792
Orange,
I have a question for you. The concept of buyback comes up in almost every pink sheet stock I've been involved in.
I can see how this would benefit shareholders, but what's in it for the company?
If they spend $5M buying back shares, what do they get out of it?
Why would they dilute the stock with the intention of spending all the money to buy it back later?

Please sponsor a needy child or make a donation at www.compassion.com

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