Replies to post #8239 on Green Bridge Industries Inc (GRBG)

[Rubenstien]

Good theory. I might have to agree with you on this one.

That explains why we've been stuck at this level.

Can't hold a good stock down.... When that PR drops we will be free to RUN!

[mysterymeat]

No, they are not buying them off of the street. The O/S is not just publicly held shares, even when restricted stock is issued, it becomes part of the O/S.

I suspect the reduction is part of this Oct. 16, 2009 (PR Newswire) --
CEO To Participate In Common Share Exchange

SARANAC, Mich., Oct. 16 /PRNewswire-FirstCall/ -- Green Bridge Industries, Inc. (Pink Sheets: GRBG) is pleased to announce that the Company's CEO, William White, will participate in a common share exchange that was recently approved by its Board of Directors. Mr. White has agreed to exchange 200 million of his common shares for 500,000 of Green Bridge Industries' preferred shares. Green Bridge Industries is improving its stock structure as the Company looks to finish evaluating and finalizing agreements with potential acquisition candidates, as part of its growth strategy.

[balamidas]

very true ,and what one should ask himself is the following Q :why would they buy while they can still print and the answer is simple :for valuation purposes once the BIG news are out !!!

i saw that on another company and it is purely for a better valuation of the WOWgreen Buyout

they want pennies fast apparently~