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Re: Seminole Red post# 30849

Tuesday, 01/18/2011 4:39:18 PM

Tuesday, January 18, 2011 4:39:18 PM

Post# of 41474
Redfisher -they need the 15 billion authorization because they also claim they may use purchase order (shares for services, etc.) and/or equity financing (shares for cash).

If they are paying bills with shares, then they are probably buying back those shares at a negotiated price rather than buying shares on the open market, IMO.

Based on what they did in previous buyback claims, I sure don't believe they are focused on shareholder value.

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