6-2 FT. MYERS, FL today announced that the Board of Directors has approved a major plan to reduce its Authorized Shares from 180M to 80M through a combination of retiring a significant amount of existing outstanding restricted shares along with a buyback of additional outstanding shares on the open market.
As previously announced the Company is in the midst of its own buyback of common shares on the open market, yesterday alone the company acquired 7,950,000 of its common shares on the open market thru a designated third party.
6-19 The company to date has purchased through an independent 3rd party of close to 15 Million Shares on the open market and will continue to buyback shares per its previous announcement.
15 million canceled
Makes for a exciting Galo answer about the float and share count.
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