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bigfoot422

12/17/10 5:23 AM

#14302 RE: microcaps1 #14301

MEANINGLESS information without DELIVERIES and REVENUES.

Talking share buyback when they can't even get a first DELIVERY completed.

Delayed at least 5 times so far.A promise of 3 deliveries this quarter. Well they better get a digging. LOL

microcaps1

01/18/11 5:18 PM

#20398 RE: microcaps1 #14301

This answers renewed questions today about the buyback.
They buy back some of the float and RETIRE insider shares proportionally. They don't buy back insider shares because they already own them-they simply retire insider shares proportionally in a structured plan,as explained by the referred post.