Tuesday, June 22, 2010 10:33:09 AM
1. They trickle out the PRs so they have a quick sting and let people know the company is still alive and active.
2. The quick sting of the PR wears off thereby bringing the PPS down by a perceived lack of activity by the company.
3. With the PPS staying at the levels it currently is, it gives the long term opportunity for the company to secretly buyback shares from the impatient public holders like us.
Correct me if I am wrong, but they can keep share buyback secret as they are doing it and don't have to publicly announce things...although the A/S and O/S would eventually reflect this once those numbers are released which would be a dead giveaway.
This is my OPINION, but seems to make the most sense to me based on the pattern of trading, PPS, and prior PRs about audited financials and eventual uplisting.
IMO
ZenaTech, Inc. (NASDAQ: ZENA) Launchs IQ Nano Drone for Commercial Indoor Use • HALO • Oct 10, 2024 8:09 AM
CBD Life Sciences Inc. (CBDL) Targets Alibaba as the Next Retail Giant for Wholesale Expansion of Top-Selling CBD Products • CBDL • Oct 10, 2024 8:00 AM
Foremost Lithium Announces Option Agreement with Denison on 10 Uranium Projects Spanning over 330,000 Acres in the Athabasca Basin, Saskatchewan • FAT • Oct 10, 2024 5:51 AM
Element79 Gold Corp. Reports Significant Progress in Community Relations and Development Efforts in Chachas, Peru • ELEM • Oct 9, 2024 10:30 AM
Unitronix Corp Launches Share Buyback Initiative • UTRX • Oct 9, 2024 9:10 AM
BASANITE INDUSTRIES, LLC RECEIVES U.S. PATENT FOR ITS BASAFLEX™ BASALT FIBER COMPOSITE REBAR AND METHOD OF MANUFACTURING • BASA • Oct 9, 2024 7:30 AM