Signature Devices Inc. (SDVI)

[aspirin]

Buyback 101

I am new to your board and only own about a million shares. On several occasions the subject of share buyback has come up. Can anyone tell me how the mechanics of that would work?

If Ken for example declared a buyback at 0.05, are there different approaches he might use? Can he do a limited buyback of a first come first served? Do MMs get involved? Doesn't our company lose money if it offers a buyback too late in the game, say at 0.70 when PPS is already closing in? One final question; Could ken do it legally without audited financials?

Thanks in advance for your response.