Replies to post #12603 on Techcom Inc (TCRI)

[greedy__malone]

itlogic the A/S number would be unchanged by returning stock to the treasury.

Example: 5 billion A/S and 5 billion O/S. 1.7 billion reaquired by the company and moved to the treasury. A/S remains the same but O/S would decrease by 1.7 billion to 3.3 billion.

Now, if RMDM was to cancel those shares they could decrease the A/S by 1.7 billion. That requires an amendment to the articles of incorporation.

While in the treasury thos shares are able to be resold by the company at any time without affecting the A/S count.

[2future4u]

EDIT:

So far the company is retiring 1.7 billion to the treasury in their attempt to lower O/S and the X management is selling their 5 billion shares. NICE!!!