That could be the ironic twist here. What if the stock moves on pink current and NFT auctions prior to August 17? They wouldn’t be able to buy back as many shares
Actually, go back and read what HPIL posted. They said an 'offer' which means they have shareholders in mind to buy from. No, it won't be on the open market. It CAN be, but it won't be this time, if you believe what they announced.
This is from the filing of my other Long holding that is also doing a buy back.
"Methods of repurchase: Open market purchase and/or negotiated transactions."
"The Company intends to fund the proposed share repurchase program with the proceeds from the disposal of a portion of certain non-core assets and from anticipated revenues of the Company."
JMHO
I'm pretty sure companies that are partnering up with us, they will need to invest money to own a certain percentage of Cybernetic Technologies Ltd and those fund they invest should also be able to be used for the buy back.
From what I see, Mr. Brown had this in mind for awhile, thought crank was the way but decided to go another route. He could of been buying shares a long time ago .0005 or lower. We only found out around .0014 CyberCREW. If this is all true and he does what he says he will do. Big Money between here and there.
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