Identa Corp (IDTA)

[Wooden Indian]

It does say 'buy back effective immediately.'
"A prepared statement issued by the company read: "The Board of IDenta Corp., based on our perception of the current market valuation of our company, has voted to a plan to re-purchase shares of IDTA common stock in the open market. Funding for the initial phase of the program has also been approved and the buy back program is effective immediately."

Initial phase must mean that money was allocated. I know it doesn't say how much but something's happening today. And I don't see any seller sluffing off mountains of shares YET.

Woody