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rekcusdo

05/19/10 5:45 PM

#126508 RE: snakecorleone #126499

His statement was that he is buying back as much as he can, but he's also spending as much as he can to make personal loans to some of the acquisitions (like his 1 million loan to MS) and its hard for him to do both at once. He says he is trying to buy back as much as he can though, and plans to buy back more. He didn't say how much he's bought back to date, but that information isn't important. Only current O/S and Float matters.
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w8ting

05/19/10 5:47 PM

#126511 RE: snakecorleone #126499

He also stated it is hard for Quasar to buyback at a time when funds are needed for Quasar to grow, although he is personally buying shares.

(Not his exact words)