WordLogic Corp (fka WLGC)

[chmcnfunds]

Actually it was through the end of December. The actual comment and those provoking it:

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With the price per shares being down ~24% since this announcement why is the company not using the share buy back program to support the pps until the issue is resolved. Shareholders being hurt by the company's mistakes. Easily done and would quell some rumors about this news.
December 21, 2012 at 10:10am · Like · 1

WordLogic The company has already repurchased over one million shares out of the float already, we will reconsider in the new year. Thank you for your comment.
December 25, 2012 at 2:34pm · Like

Charles McNelly Appreciate the response. By my simple calculation this rate of repurchase (per month) is behind what is required to meet the 5M buy back in one year. So the question remains as to why company repurchases aren't being made to support the pps which has been in steep decline (-24%) since the company made the ill advised incorrect press release almost one month ago. Shareholders are being punished. I doubt staff are receiving 24% less pay.
December 26, 2012 at 8:29am · Like
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