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Re: teshtrade post# 179

Thursday, 06/08/2006 11:08:53 AM

Thursday, June 08, 2006 11:08:53 AM

Post# of 141716
Here

The company's executive management will prepare a proposed share buyback program within the next week per the Board of Directors request, management will attempt to budget/spent up to 0.06 (cents per share) to purchase/buyback on the open market (of its shares) up to (25,000,000) twenty five million of its shares, thus further reducing the company's outstanding/float to 53,331,916 shares. "This directive reflects the continued commitment of First Guardian Financial Corporations management and Board of Directors to reduce the outstanding/float and restrict any dilution while creating maximum value for our current and future shareholders," said Abraham Rosenman, President.