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Re: General Grievous post# 225400

Sunday, 10/04/2009 6:29:53 PM

Sunday, October 04, 2009 6:29:53 PM

Post# of 346920
PLEASE tell me this: That does the increase of the A/S to any figure whatsoever have to do with RME? The retirement of RME shares will decreass the O/S. You've got your A/S mixed up with the A/S. spng "issued" to RM. And spng received in return a right to buy them back at a certain pps, 40% discount to the market. RME is spng's finance arm -- just like other companies have. In this instance, when spng buys back the shares which were "issued" to RME, spng will retire them. And place them in its treasury.
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