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Re: zigbee post# 830

Thursday, 08/11/2005 3:14:24 PM

Thursday, August 11, 2005 3:14:24 PM

Post# of 11180
Ok, I think I understand. So the Transfer Agent is authorized to release the number of outstanding shares at any given moment? If that is so then couldn't we call every day to find out how many shares the company may be buying or selling? To me that just doesn't make sense. If a company is buying back shares then why tell the public and make them buy them back at a higher price as investors step up the ask. If the company is selling shares to raise capital then why tell the public cause then they have to sell twice as many shares to raise the capital. I don't know for sure but I doubt the TA is authorized to release that kind of information. If I were Sand I would definitely find another TA as well that will report what the company deams offical outstanding share numbers. Seems to me like their current TA tipped their hat a little bit and screwed all of us.