News Focus
News Focus
Followers 0
Posts 11614
Boards Moderated 0
Alias Born 08/23/2005

Re: Bayou Man post# 145148

Wednesday, 07/22/2009 10:25:32 AM

Wednesday, July 22, 2009 10:25:32 AM

Post# of 346953
"As reported in the Company's
3rd Quarter 2009 filing for the period ended February 28, 2009, the Company
repurchased 55,824,336 shares of common stock at an average price per share of
$0.0308 under its original repurchase program of up to 100 million shares of
stock."


Now what happened to those 520 million shares from RME that "were returned to the treasury" as per the last 10Q. I read here that SPNG repurchased those, but that can't be true according to today's PR! They never repurchased that many shares, makes you wonder what kind of web they weave.


Dilution knows no bottom, greed knows no top.

-Crashman

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today