Eagle Worldwide Inc.(fka ELWD)

[OptionsBoy]

I have a newbie question... I have read in a couple posts and seen on paypro's website about the company may try to buy back some of the shares...
Does this mean they would buy shares from the float meaning a smaller float? or does it mean there would be a smaller overall O/S and not affect the float size?

The reason I ask is I that I see with the 500-700mil float the stock still has room to grow in the pps at this range but eventually wouldnt the float size need to decrease some?

I've been watching some of these other stocks that have shot way up like USSE and CFRI and they have significantly lower floats... Although I really like the stable growth PYPR is showing so far as compared to the skyrocketing of those others... (Not that I wouldnt mind a skyrocket) :)

If anyone can comment to this I'd appreciate it. I'm holding just under 1mil shares of pypr currently.

Thanks
Netooi