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Thursday, July 30, 2020 10:04:55 AM
If your bills came in the mail and you could write a check or just put some empty gum wrappers in the envelope; would you ever write a check?
Here is this company almost exactly 2 years before the current "approved" buyback;
Vet Online Supply Chairman Statement of Share Buy-Back
KELSEYVILLE, CA, March 20, 2018 (GLOBE NEWSWIRE) -- Vet Online Supply, Inc. (OTC PINK:VTNL) (the Company), announces today the following statement from Daniel Rushford, Chairman of the Board.
“The purpose of this announcement is to inform you that our Board of Directors has approved a Share Repurchase Agreement (the “Offer”) by Vet Online Supply, Inc. (the “Company”) to repurchase an aggregate of up to 200,000,000 shares of its outstanding common stock (the “Shares”) at a purchase price of $.01 per share, or $2,000,000 in total. The purchase price was determined by the Board after reviewing available price information on trades in the Company’s Shares that have occurred in the last year and considering other factors they deemed appropriate. The Board believes that this Offer will provide a liquidity opportunity and will increase value for our shareholders. PLEASE NOTE THAT THE COMPANY’S PURCHASE OFFER WILL CONTINUE THROUGH DECEMBER 31, 2019, UNLESS THE OFFER IS EXTENDED (SUCH DATE AND TIME, AS THEY MAY BE EXTENDED, THE “EXPIRATION DATE”).
https://www.globenewswire.com/news-release/2018/03/20/1442786/0/en/Vet-Online-Supply-Chairman-Statement-of-Share-Buy-Back.html
Shares bought back? ZERO. People are falling for it again.
Good luck
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