JNS Holding Corp (JNSH)

[WI Biker]

IMHO, Buyback is being done quietly to save money. We may not even see buy back completion until near the end of the year.

1. Company gets their buyback shares cheaper if they dont keeping pumping the stock with buyback (and other) news
2. Company saves administrative cost of retiring shares with the state and the TA if they do it all at once
3. Abe gets to buy his shares cheaper too, benefiting A) Abe B) FGFC C) Long term Shareholders

Next question: Why the buyback?
A smaller float after financials are released means greater value in the leftover shares. In order to move get the company upgraded off the pink sheets, and onto the higher boards, FGFC must prove a certain value for their shares. And just as importantly, since they are in the lending business, the value of FGFC directly relates to how much cash they can access to loan customers. When they can be underwritten as an AAA rated borrower, they will have access to far more capitol, in turn creating more profit.

Let the shares stay cheap a little longer - gives us all a chance to accumulate.