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Re: scottincr post# 10163

Wednesday, 06/22/2011 7:41:17 PM

Wednesday, June 22, 2011 7:41:17 PM

Post# of 26631
O.K., that makes sense. I thought he was trying to say the stock buy-out of IRC wouldn't be dilutive. It was the build-out of the plant he was talking about. thanks

So, this is the final result. The company plans on buying back 17 million shares over the course of the next year, but then we will get hit with these additional 41 million shares when the IRC buy out occurs. So we actually gain 24 million more shares in the end.
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