Circa Pict. & Prod. Co. Intnl Inc. (fka CPPD)

[ltesprit]

DK, is this the post you wanted me to respond to? It didn't seem like you were asking for one.

As for how you'd spend $150 million on Q, you proscribe a pretty thorough 'clean-up' that wouldn't cost more than a few million. Except #2: $150 million won't go very far at $.02 per share. Why pay above market price? I'd buy back the float on the open market. (Unless: are you worried about lawsuits? Don't be. Buy-backs at market price or slightly higher are perfectly legal, no matter how much other shareholders paid for their shares. As long as people aren't forced to tender them... hence, a 'market' buy-back....)