One more point very important. It says "up to" which could mean they buy ONE share, and call it a day. Maybe they bought the ONE share?????
Phoenix Associates Land Syndicate (Pink Sheets:PBLS) announced today that the company is initiating a systematic share repurchase program to retire up to 100 million shares of the company's common stock to treasury. Effective immediately the company will begin repurchasing shares through both open-market and selected private transactions in order to reduce the total number of outstanding free-trading and restricted company securities.
Be happy while your living, for your a long time dead.