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Re: SwampGas post# 231352

Tuesday, 04/26/2011 6:41:53 PM

Tuesday, April 26, 2011 6:41:53 PM

Post# of 375420
I had stated that Centa may purchase shares, AFTER all info became public. Which would negate insider status, would it not? After all, companies often buyback their stock, and purchase other companies' stock. Hedge funds do it all the time, and most larger companies have investment portfolios of stock in other companies. Only after the 5% threshold do they have to report it, and then they have some time (days I know) to report it, but you can purchase an awfully lot of stock in that time frame.

Companies even buy enough to have hostile takeovers, which is, I guess, what the goal is here, in a way.