Benacquista (fka BAQG)

[ekythump]

Very well said.

It is an important point that BAQG's business was primarily established BEFORE going public. It shows that this company and it's subsidiaries were operating independently before shareholders provided additional funding.

No, I wouldn't worry about the buyback. My issue was that the amount of shares quoted in the buyback PR was prefaced by "up to", which means they could potentially have just stopped at 100 shares bought back.

I don't really think this is the case either, because if these guys start making some really serious cash with the FDR and other publications/art programs as is likely, they'll be in a much better position owning as much as the company as they can.

This might mean an extended buyback program from the float or a buyout. We'll have to see just how successful these next few quarters are.