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Re: Pepperchino post# 16641

Monday, 11/22/2010 8:53:06 AM

Monday, November 22, 2010 8:53:06 AM

Post# of 66758
as per law, the company needs a time frame (time frame has to be announced) to buyback shares. No idea, it is a small float company, and why they want to buyback shares. Maybe reasons are:

1. Telling all parties involved that company does not have financing problem (if they can afford $3 mil to buyback shares, they probably have enough cash to continue diggingggggggg)

2. Insiders know something big might happen in the future (buyout)

3. Trying to push up the PPS before any real big news!

JMHO