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Alias Born 01/24/2017

Re: None

Friday, 06/02/2017 3:03:31 PM

Friday, June 02, 2017 3:03:31 PM

Post# of 27120
This may (probably) be a dumb question, but can't ACOL buy back a lot of the A/S as treasury stock? Wouldn't that lower the outstanding billions, bring up the PPS, and make us stock holders happy? I am not sure how it works with penny stocks, but i know that larger companies do this a lot. Maybe because they are a small company, but if there were less shares outstanding, it might attract more investors. Just a though...
Any explanations would be appreciated.