InvestorsHub Logo
icon url

J-Rhino

02/04/11 2:24 PM

#10757 RE: CharlesNet #10756

Well, he ain't getting mine...
icon url

licker4450

02/04/11 2:54 PM

#10761 RE: CharlesNet #10756

I was wondering, could he do a 'buyback' in a way that actually swaps some of the restricted for the shares in the float. This would reduce the outstanding float while enticing those with substantial holdings to take advantage of it. A win win all around.

Or is that illegal?
icon url

Yellow_Fin

02/05/11 3:37 AM

#10765 RE: CharlesNet #10756

Two Buybacks. Personally and through the company. Utah Corp can't have treasury stock so that stock effectively disappears.