Replies to post #44848 on Circa Pict. & Prod. Co. Intnl Inc. (fka CPPD)

[mr_geronimo]

Insider, insider, way too good a prediction, insider! SEC, where is the SEC? <laugh>

Very good call, demonstrates forward thinking, openness to ideas and possibilities, and a positive attitude. I'm also surprised (not to mention about 90% of the board) that we didn't have a positive reaction to the announcement.

I'm brushing the lack of a reaction off of my shoulders as if it was a bit of lint on my collar. The good news is building, and increasing the pressure. Soon they won't be able to contain it and we'll shoot over marks that weren't even anticipated for a short term move.

Ok Great Swamie, what's the next share-related PR? :-) The stage is yours!

[islandboyz]

END2WAR THAT'S A GOOD POST BUT THE NUMBERS DON'T ADD UP...

Let's say Frank buys back 2% = (190MIL)and reduces the OS to (9.31B)

At 9.5B his 53% was 5.03B shares.
Now at (9.31B)his 5.03B is about 54%.

So...Frank retires 1B of his own shares which leaves Frank 4.03B shares and an OS of 8.31B.

He needs to hold 51% to maintain majority.

8.31B x 51% = 4.23B
8.31B x 49% = 4.07B

This is less than 51% and is not what has just happened...
Hope that makes sense. If not read the post I replied too...
Aloha