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Re: None

Tuesday, 03/04/2008 8:00:02 PM

Tuesday, March 04, 2008 8:00:02 PM

Post# of 448
Authorized shares are 200,000,000.
Outstanding shares number about 67,000,000 at this time.
Since mid-February it's worth noting that it appears that a buyer has accumulated approximately 2 million shares, a significant percentage of the O/S. The buyer is not buying all at once, of course, but has made the buys in large blocks at various days.
It will be interesting to see if this continues. If the buyer crosses the 10% threshold we'll eventually get a filing and find out who it is.
Also, notice that the pps has not been not sagging even in the face of a challenging overall market. This shows that ESNR shares are in pretty strong hands, IMHO.
Interesting times...
-Fritz

The more you know, the less you don't know.