Thursday, February 09, 2012 6:25:49 PM
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Item XX Purchases of Equity Securities by the Issuer and Affiliated Purchasers.
On August 4, 2009, the Board of Directors authorized a repurchase program upon completion of funding of previously announced acquisitions. The Company will begin to repurchase up to ten percent (10%) of their issued and outstanding shares at the sole discretion of the Company. There is no fixed termination date for the repurchase program and can be expanded up to twenty percent (20%) at the discretion of the management committee. As of December 31, 2009, the Company has repurchased 123,379,604 shares and invested $998,000 in the endeavor.
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jmho
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