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Re: Scuba J post# 18542

Thursday, 09/01/2011 10:54:22 AM

Thursday, September 01, 2011 10:54:22 AM

Post# of 28290
that would be the only way they could get enough shares into the treasury to hand out the divy according to their description of the process. pgi made a statement last week that said the shares were coming from the companies treasury.

so, where do you suppose they got those shares? common shares are not held in the companies treasury. the only way you get shares into the treasury is to register them with the state as treasury stock or buy back already issued shares.