InvestorsHub Logo
Followers 111
Posts 10103
Boards Moderated 0
Alias Born 08/23/2006

Re: ratso1 post# 68812

Saturday, 10/06/2007 9:43:53 AM

Saturday, October 06, 2007 9:43:53 AM

Post# of 143047
Ratz, do you thing they are going to take whatever was return by Garr and use it plus the additional A/S to buy or Merge with another company? And if these shares were return to the treasury, they would no longer be restricted if issue to someone other than an insider would they? I'm a little fuzzy on that part.

I think that is the motive behind him trading shares. And is it possible since he return his shares he then got some kind of pay out for his work so far this year?

Treasury Stock
Stock that has been repurchased by the issuing company. These shares don't pay dividends, have no voting rights, and should not be included in shares outstanding calculations.




Famous Quotes:

"Patience is a virtue, so I am told, of course I haven’t any."

"If they make me rich, all is forgiven"

~Me~



Disclaimer; My posts are for entertainment only.