Replies to post #32967 on BlockQuarry Corp (BLQC)

[ADVFN_franknstein]

Actually its a 300 milly buyback!

The retired shares mentioned in yesterdays PR were

100 million restricted shares from the company's outstanding total that had been previously issued to management.

No buyback! Except you know about a way to buy restricted shares in the open market.
Regarding the alleged 300M buyback plz remember this

has announced that the company's Board of Directors have agreed to buy up to 300 million shares of common stock

Nothing said about buyback of 300M. Everything below 300M is up to 300M, right?
How about this

The company stock buyback program along with insider buying is the best way to show our shareholders we are committed to the long-term future for ISBG.

Maybe it's the best way but obviously it's not the only way and the company decided to take another way.

This retirement of 100 million shares is part of management's mission to reduce the number of shares in the company and to increase shareholder value.

Means these 100M are part of the up to 300M.

But i'm sure audit prior to QB uplisting and shortly after SEC filings will show the real nature of that beauty.