ABCO Energy Inc. (ABCE)

[TheSummerMan]

Pure bullshit. The company had $7500 in cash at the end of Q2 and no accounts receivable. They don't have the money for expansion, let alone the cash required to buy back any significant amount of shares.

And if some miracle did occur in Q3 where they received an influx of cash from operations, they would be stupidly putting themselves in danger of a rule 10b-18 violation by not disclosing material events that led to an improvement in the financial health of the company, and not disclosing the share buy back.

They can't just secretly buy back shares because the share price is depressed due to their own actions or otherwise. That amounts to insider trading. Again, rule 10b-18.

Not disclosing the buy back would also be stupid, because those generally generate interest in the company and share price appreciation.