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livinginstyle

05/05/07 7:58 PM

#38340 RE: Allinxxl #38335

You could buy every single share in existence, that would not be considered a buy back. A buy back must be of free trading or outstanding shares that are to be retired from the O/S total. Otherwise they can be sold at anytime, and they do not affect earnings per share, only retired shares do that. There has been no buy back, only dilution. Remember, the company falsely stated in a PR that they had enough money to fund operations. Suddenly, that has changed with over 6 billion outstanding. They lied and said no dilution was happening. Like I said, there are some serious questions that now need answering.
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STRONGUS

05/05/07 8:14 PM

#38351 RE: Allinxxl #38335

>>>LOL I been sitting there soaking up all the 0005’s for the >>>past week. That is called a friendly BTW, and a friendly >>>buyback that you know I’m sure.

Do you think we all are morons to think your flipping as company buy back? All this talk of 'backers' buying back
is worth nothing. The company must put up a PR saying they bought back shares. It doesn't appear like that. It looks like they are issuing shares left and right. That needs to be stopped right now.