He probably just traded his 50.000 shares for $ 0,0017. Good luck with your $ 85,00 orangeman. Put it on your savings-account or have some fun with it.
Why should l sell l love this company and l gave my reason. Read the post. Where will you ever find such a shrewd CEO???
Posted by: Orangeman3 In reply to: bullmarketman who wrote msg# 2619 Date:3/17/2005 8:53:21 PM Post #of 2628
Oh yes l like this company because the CEO bought back about 300Million shares that cost him ABOUT $600,000. Than turns around and pays a vendor with about $150,000 worth of stock for his services. Hey instead of buying back all that stock why not just pay the vendor with that money. Brilliant move now the CD is for 1/3rd more. Wasnt that a great move how many other CEOs would have done that??? You gotta love this!!!