During the nine months ended September 30, 2011,(i) the Company reacquired 1,000,000 shares of treasury stock for $1,250,0000 at price $1.25 per share; (ii) the Company issued 3,382,329 shares of common stock for $4,550,369 at values ranging from $0.82 to $1.50 per share to settle debts due to third parties; (iii) the Company purchased 1,000,000 shares for $780,000 at price $0.78 for cancellation; (iv) the Company issued employees a total of 2,760,729 shares of common stock valued at fair value of range from $0.895 per share to $1.01per share; (v) the Company issued 1,800,000 shares of common stock to certain companies for consulting services for the benefit of the Company at $0.895 per share; and (v) the Company issued 1,000,000 shares for $820,000 at $0.82 to third parties to raise share capital.
Thinking Lee is in the market buying shares now.
