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itlogic

05/12/07 11:45 PM

#40063 RE: itlogic #40062

Oh also. This should probably be for Allinxxl and not you, but you mentions that IR stated they completed a 1.5 billion buyback.

Allinxxl mentioned that he/she had some information about Form 4 being submitted by managment to buy their own shares. By the way, I posted something about that too, but never got a reply. Perhaps I'm on ignore. Anyway, is this information Allinxxl giving us an additional amount they are filing to buy, or is that old news and the filings were to buy that 1.5 billion you mentioned they already bought?

algol

05/13/07 2:46 AM

#40078 RE: itlogic #40062

I think the numbers will more or less match if you exclude the buyback of 1.5B shares.
The previous O/S count 4.9B minus 900M that became unrestricted plus 2.1B shares for the OTCBB A/M yields the present O/S count of 6.1B shares.
Now the float is up by 900M from 3.5B to 4.4B shares.
This is what makes sense to me. Well, next week I hope to find the real answer when the financial come out.
Good night all,
algol