pinch....share buybacks are bought on the open market just like the shares we buy. It is completely at the company's discretion as to what price they will buy shares at. Also, it is their choice as to the timing of those purchases. Say they determined they would buy back 10mil. shares just for an example. They might put in an order to buy 1mil. several days apart or if the price drops maybe add 2-3mil. that day, etc. A company would never disclose the price they would intend to buy shares back. Only after they have completed their total purchases do they often put out a PR stating how many shares they bought and may indicate the range of the prices at which they purchased. Hope that helps. I don't know what their intentions are, but as I mentioned earlier I would be excited most about them making the decision to take Grozone public with an IPO and give shares of Grozone to us shareholders based on how many shares we own as of a specific date. I've seen several of these done in the past and they were pretty successful at producing considerably higher share prices in the company's stock. Also in these cases, the company bringing a subsidiary public announces they are keeping at certain percentage of the company and most often keeping OVER 50% so as to maintain control of all issues that come to a vote. This takes several months to accomplish and there are definitely expenses to finish the process of bringing the new IPO to fruition. But, what is excellent is that we shareholders have the gift of the shares provided by the company and once it begins trading, it allows potential share purchasers in AMFE to get a very specific knowledge of the "cash" value of their say 60% of the total shares owned in this new company going public!!! Just some of my thoughts and hopes and totally all imho.
