China MediaExpress Holdings, Inc. (fka CCME)

[Danduedil67]

abh3vt,

In my mind a stock buyback would not increase their ownership %. The shares purchased would not be retired, they would just be considered treasury shares that could be resold back into the market (possibly at a sizeable profit) in the future, which would provide the company with additional cash. Treasury shares are owned by the company (not management) thus ALL shareholders "own" them.

I think the earn-out shares are a lock, so I have always used 55mil outstanding in my own calcs. Their issuance may show some less robust q-over-q and y-over-year eps results (under GAAP)than we would like to see, but in the long run you will still see $3+ in EPS (Maybe much more)

Just my thoughts
-Dan