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Re: None

Tuesday, 03/19/2019 3:05:05 PM

Tuesday, March 19, 2019 3:05:05 PM

Post# of 112733
PDEX - 8-K - Sounds good:

On March 14, 2019, the Board of Directors of Pro-Dex, Inc. approved the adoption of a prearranged share repurchase plan intended to qualify for the safe harbor under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended (“10b5-1 Plan”). The 10b5-1 Plan became effective on March 19, 2019 and will terminate on March 19, 2020, unless terminated sooner in accordance with its terms. The 10b5-1 Plan was established in accordance with, and as a part of, the Company’s previously disclosed share repurchase program. Repurchases under the Company’s 10b5-1 Plan will be administered through an independent broker.

I have seen lots of $1 stocks with strong earnings and solid balance sheets triple, quadruple and more, but I have yet to see one go below zero.

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