Replies to post #130 on Document Capture Technologies, Inc.(fka DCMT)

[gettingby]

And the more shares NCR buys, the more Docucap has to cancel in order to avoid a takeover.

I wonder if NCR bought a huge amount of shares because Docucap isn't ready to or refuses to sell to them?

I can't wait to see the 10-K at the end of March. I think that's when this puppy will see some light.

NCR is doing really well right now and DCMT is a huge supplier.

[gettingby]

Per the latest 10-K, there are 20,479,077 shares outstanding.

"The aggregate market value of the issuer’s voting and non-voting common equity held by non-affiliates is (10,032,756 shares)" Am I right by saying this was the float?

This was as of June 30, 2010. Since then, the company bought back and canceled the following:
528,600 in October 2010
973,495 in November 2010
730,000 in December 2010
2,232,095
This would leave 7,800,661 as tradable shares.

+ they still have $303,000 in their budget to buy more. The average buy back price has been 71-72 cents per share.

What are we doing here hanging out in the 40's? I can't believe more people aren't gobbling up shares in this price range.

Also, the company "could" give us a dividend of .01 per share, but they choose to invest it back in the company instead.

I wish more people were aware of this little gem of a stinky pinky...