You may have to fire another e-mail to confirm if the float is smaller or have them call into account if there is any ambiguity in the PR...or is it as you say 'they are reducing publicly trading shares into the existing float with insider ownership'. It is o.k. in my book either way..I am long well into 2010 anyway.
CARLSBAD, Calif., Oct. 8 /PRNewswire-FirstCall/ -- Rapid Fire, Inc.,(Pink Sheets: RPDM) has resolved to commence a share buy back program in the open market immediately. Rapid Fire Marketing, Inc. believes it is in the best interest of The Company to reduce the amount of shares trading in the public float to bring long-term value to its shareholders. The Company and its Officers have committed to buy up to 20,000,000 shares starting today
" These babies are huge, sir..enormous. Oh, God, you wouldn't believe it! I am telling you there are other spacecraft out there..lined up on the far side of the crater edge..they're on the moon watching us." S band 2106-2287 MHz, Apollo 11, N. Armstrong