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Re: Spartak post# 770

Sunday, 06/17/2012 1:37:37 PM

Sunday, June 17, 2012 1:37:37 PM

Post# of 1711
I don't recall the exact date that they came out with the announcement to buy back stock. It's in the ABTL news items.

Coats said that they were buying stock as part of the second buy-back during one of those conferences. I just tried looking for the transcript, and can't find it. The sites called Retail Stock Investor and I can't locate ABTL in the list of presenters. (can't even find the archives) A really crappy website right from the beginning, and still is.

From all that I can recall, I'm sticking with the recollection that the 2.1 million share sale happened all in one piece, and was a single transaction, not broken up into pieces. That's the way Ihub trades reported it, and it happened after ABTL finished buying it's first tranche and before they announced the second buy-back. The importance relating to this is whether or not a single institution/company bought it all at once to possibly do a takeover or not. If ABTL bought a good sized portion of that 2.1 million, then we start all over again and wait another company to show some interest in buying ABTL.

stockdoc