Finjan Holdings Inc (FNJN)

[lbcb123]

didn’t you call the share buyback program a sham?

It is. Instead of buying back the shares that BCPI and Israel Seed were dumping at $1.50 when we were BEGGING them to, they are buying back shares from insiders at high prices:

"in privately negotiated transactions and were funded from the Company’s working capital"

They admitted the buybacks weren't all on the open market and were "privately negotiated" which means they bought hares from insiders at inflated prices.

Sheesh, I never said they weren't going to buy back shares. I told you that they were buying back shares at inflated prices in conjunction with a promotional campaign and buying them back from insiders outside of the open market.

Always self-serving activity from this sleazy group.