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Thursday, October 30, 2008 9:54:32 AM
As for believing him, he has done what he said he would (but he is not finished) related to the buybacks and as I posted his anwers to the board's questions..he explained that he was hoping that the pps would move (and yes he would have sold into it because they need the capital for expansion and at the same time he was hoping that shareholders would have an opportunity to make some money), but it didn't and they still need the capital because the company is planning on going forward with their expansion goals. He also started the timeline for the reduction of up to 50% of the share structure through the end of the year.
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