InvestorsHub Logo
Followers 0
Posts 87
Boards Moderated 0
Alias Born 03/15/2009

Re: None

Tuesday, 09/22/2009 5:54:38 AM

Tuesday, September 22, 2009 5:54:38 AM

Post# of 56273
I am just curious as to what is going on with this stock. there has ben massive buying going on for awile now. No movement in PPS. This tells me the company is dumping what is left of their 100B authorized or quitely buying it back to reduce the AS/OS. I have never actually sen a subpenny do the latter. I understand they now have some revenues comming in which is good. Hopefully they will get the durrant plant up and running soon. I would like to know what is going on with the share structure. I would like the co. to give an update on there plan on this. I once held a stock that had similiar circumstances. After the dumping a 75K to 1 R/S came about. The largest i have ever seen. Hopefully the mngmt has spent $1M to buyback 10B shares and plans to announce this soon. Hope to se some good things but doubtfull. GLTA