Replies to post #26800 on Eagle Worldwide Inc.(fka ELWD)

[mikepgator]

I may be wrong but I think someone asked recently whether they have started buying from the open market and the answer was not yet. When they put out the buy-back PR, it was late one night, it seemed like the Board had a special meeting and made the decision. The tone of the PR seemed it was something that was going to happen soon. Please, someone correct me if I'm wrong, or if someone talks with Mike, could they confirm, but I don't think the buy back has been anything significant to this point. Not sure why you jumped all over me for my comment. That is the only thing I have been disappointed in, but that's just my own opinion based upon the facts I know.

[CoolHandLucas]

If you refer to CIDD's meeting notes in the i-box, 4g and CIDD asked Mike Terrell if the buyback has begun yet and the answer was:


4. Has the share buyback begun?

Only direct buybacks. Market buybacks will begin as soon as all compliance procedures are in place. Mike Terrell said that it IS possible to update us as the buyback progresses. He is considering as one possibility, doing this via the new website.


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