Cotton & Western Mining Inc. (CWRN)

[microcaps1]

I.t.m.d.apparently is occupied elsewhere today,so the sentence you note in red is difficult sentence construction,but if coordinated with part 2 ,the share buyback,as the company buys back shares in the float,they can also retire a similar percentage of CWRN shares (held by insiders)without fear of losing control of the company. I think thats why they mention the company through its directors now own over 60% of stock.
If they retire 60% of the float,they can retire a number of their own shares while maintainng voting control-as any company would want to do.

I understand what you are saying re a form of R/S,but if you take into consideration my earlier post about real companies being undervalued in penny land sometimes by a factor of 1000 times or more,the total stock value of the new major index shares we would receive could be worth more than the undervalued penny shares.