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Replies to post #10755 on WENR Corp. (WNRC)

Replies to #10755 on WENR Corp. (WNRC)
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CharlesNet

02/04/11 2:22 PM

#10756 RE: J-Rhino #10755

That is not what he said in the interview. He specifically said he was looking to buy back shares from existing large shareholders.
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Pleepleus

02/04/11 10:39 PM

#10764 RE: J-Rhino #10755

I was wondering the same thing when I listened to the interview.

What is the incentive of large shareholders to sell their shares back to the company IF they believe the pps is going to increase? It only makes sense if they are already planning to lighten up anyway and Dan can convince them to sell them to the company instead of on the market. Otherwise, the only way it makes sense is if they are offered a premium for the shares as an incentive. Say $.35 or something.