Replies to post #43159 on Circa Pict. & Prod. Co. Intnl Inc. (fka CPPD)

[lobogotti]

fully agree...island read my post on this subject!!!

[ct_here]

islandboyz...that is incorrect...the PR is 100% correct...you can't by back AUTHORIZED shars!

[mr_geronimo]

It is shares "outstanding", the press release is correct. Shares authorized are not shares "issued", only shares outstanding are shares issued.

No worries though, everyone is aware that the buyback of 2% of the outstanding shares was taking place and we are now aware that it will be complete by this Friday.

No problems, just weakness until the next significant even. It's just a matter of time.

Cheers

[Gambit]

Hopefully it means that there were buying back 2% of the Authorized shares from the outstanding shares. So that would mean that they're buying back 1 billion shares are being removed 9 billion outstanding? Maybe?