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Re: Wayne R post# 110655

Friday, 09/19/2008 5:15:08 PM

Friday, September 19, 2008 5:15:08 PM

Post# of 143048
Sorry for the delayed reply, I was away. Anyhow, it doesn't matter if they buy it back and return it to the treasury, retire it, burn it or flush it down the toilet. It is taken out of the O/S when the company buys it back. That is one of the reasons for a buyback, to lower the outstanding shares. Read this definiton of what it means to return the stock to the treasury. It's interesting!

http://www.investopedia.com/terms/t/treasurystock.asp

These are my opinions unless otherwise noted.

Proud member #2 of the "iHub 9". All CAPS will crush the whimpy girly man quotes!!!

http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=15992

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