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Re: PennystockID2017 post# 60687

Thursday, 03/22/2018 7:21:27 PM

Thursday, March 22, 2018 7:21:27 PM

Post# of 69616
Only problem is that everything you mentioned has been true here for like 3 years now. Share buyback been going on that long, and zero report as to progress. Also, they are not buying back the shares in the market. You have to get an actual stock certificate and mail it in to the company. You also give them the price you want to sell for up to 1 cent. They KEEP your stock certificate as long as the "buyback" is still going on...because you have offered it to them for sale. They may never decide to buy yours, in which case they will eventually mail you back your certificate, but in the meanwhile your stock is completely tied up. IOW there is no buyback going on here, it is a ruse to tied up the float. This company has had acquisition targets for years, and occasionally they do actually happen....iTexts for example (which was supposed to be divy, but so far nothing....years I'm talking about here). Many, many other acquisition targets never materialized. Assets have never been proven in any way. I don't doubt the revenues. But slowly growing revenues have been the case here for many years. IOW, there is nothing new happening here that hasn't been happening for say 4 years. There is some legitimacy here, but also so story telling going on. I've been in since before the run to a penny and half years ago during the great marijuana stock runs. The buyback is a game as far as I can tell.