I was gonna just watch this Santa Claus-is-real thing evolve but I have a long layover in Amsterdam and I got bored:
First of all (and most important..)...
Second...why? The company is defunct and delisted. The stock is worthless. Why would they throw money into buying worthless shares in a company that, when it was listed, had no verifiable operations for years . And why would the price be secretly negotiated with each investor.
Third..where would they get the cash? They have been a money pit for years.
Fourth...again WHY? All they needed were some audits to keep this farce going and they couldn't even do that..or...maybe they didn't really want to
Most investors would look at this "buyback" and just consider it fluff...others I guess are more gullible. I look at it as a bit of entertainment...
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