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fenwah

04/07/06 11:02 AM

#26981 RE: droneputt #26980

That I don't know. I'm just pretty sure that they have a set amount of allocated money for the buyback.
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Galaxy

04/07/06 11:11 AM

#26986 RE: droneputt #26980

droneputt,
Last year HISS dont have CyberTracker to sell, they got 4th qtr. From that 4th qtr sales, they made more than $ 3 mil for sales. This year, they are mass production, and ready for sales, they should make more than what made last year. Just order CyberTracker, you will get next day. That means, they are ready to meet demand. They can buy more than 20 mil shares as per MO.

And also they need to give restricted shares to officers, right now, they cant approve more restricted stocks. so they have one option, that is convert common shares into restricted stocks. so, i hope they will anounce more buy back or retire. HISS can do these because right now they are healthy. IMO