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andy8033

07/16/08 11:42 AM

#14220 RE: bnjmn #14219

they have the cash to do so. we should get a PR shortly per the HGLC PR.
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oldepro ll

07/16/08 11:43 AM

#14221 RE: bnjmn #14219


The Management of the Company has resolved to commence a share buyback, in the initial amount of US$5 million with the aim of reducing the Company's outstanding shares by as much as 30% in the next two months. This will commence upon the announcement of the Company's acquisitions, as previously outlined in various announcements by the Company. Stockholders will be notified weekly as to the amount of shares of the Company's Common Stock repurchased; through the Company filings with the SEC.

http://biz.yahoo.com/iw/080612/0406361.html