Replies to post #22102 on Futuris Company (FTRS)

[Pennies From God]

There it goes!

Headed to $2-$3 now : )

GO-FTRS
GO-DR.DOKI
GO-SURESH
GO-PREYA

[Pennies From God]

So let me try to qualify this announcement.

FTRS The company, was / is quietly repurchasing shares that were "retired" in order to reduce the float and outstanding share?

Did anyone see the company buyback PR?

It is my understanding the company has to buyback the stock directly or cancel any unissued stocks.

Any input out there?

GO-FTRS
GO-DR.DOKI
GO-SURESH
GO-PREYA

[Chartmaster]

Count me in here at .92, thin vol now, but it will increase imo

[John_Vallay]

Is there any concern that the legal case Reliability vs Futuris major shareholders will somehow impact Futuris shareholders since all the judgements were against Futuris major shareholders. If the case were a best of 7 baseball series It would appear as if Reliability swept Futuris major shareholders.

I contacted Preya for comment but to no avail.
Now I am questioning what type of investor relations person Futuris has representing them. Just look at Preya website and it looks like a teenagers face book page. Nothing professional, in fact very childish and immature approach.