Eagle Worldwide Inc.(fka ELWD)

[dlewisfl]

Cause: pull out a calculator.

Who says that even a single share was bought back? Your "estimation", for lack of a better word, seems highly unlikely given that the company had $140k total cash at last report and 175M shares would have cost them $700k (assuming average price of .004 over last three days). I don't think I'm going out on a limb saying: you are NOT right.

Fact of the matter is, they still may not have bought back a single share. Management is authorized to buy 1B shares over the next 12 months. Highly unlikely they would suck up a significant portion of them up IN THE FIRST WEEK with littl cash on hand.