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bigpimpin

08/24/06 12:09 PM

#196542 RE: RAGSORRICHES #196540

What? "A buyback does not do the job." Enlighten me on this statement.

The way I understand it is that a buyback reduces the shares outstanding without screwing with the current shareholders.
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simba1

08/24/06 12:15 PM

#196546 RE: RAGSORRICHES #196540

how about using those shares as restricted and buying intelliflix with them.
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Z-Axis

08/24/06 12:21 PM

#196547 RE: RAGSORRICHES #196540

Not going to happen, IMHO. Because then that would mean JF would be doing something good for us shareholders... JF has never had the will to that. LOL.

¦¬)
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itrade4profit2

08/24/06 12:46 PM

#196551 RE: RAGSORRICHES #196540

With 4.3 Billion known in OS and possibly nearer and/or greater than 5 on next update....what makes you think they will not RS....there is no other way for GZFX to reduce the OS to a respectable number of shares....especially if they follow through on continued dilution via issuing CDs to GGI for Cash....which I also do not see how they will not continue...it is GZFX's only financing mechanism to date!

10 Billion OS soon enough....wonder what they will do with the additional 15 Billion in authorized shares after that...

Usually penny companies issue all of the authorized before RS....will GZFX/JF do that????