Hemi Energy Group Inc. (fka HMGP)

[bdahl385]

When HEMI sold shares to fix the flood damage in late spring / early summer 2007, the average share price was in the 20 to 25 cent range.

Now that HEMI is sub penny, they could use around 5 percent of the settlement (if and a big if, it ever materializes) to buy back all those issued shares. I can't think of a better use of that money as a way to show shareholders that mgt. thinks about the SP and is willing to try and support it.

Could also scare the bejesus out of any MM funny business if mgt. were to take this step and allude to further buys in the open market.