Replies to post #17575 on Premier Investment Properties, Inc (PIPI)

[specutator]

Once again, when issued shares are returned to a company, they are placed into the company treasury or they are retired. In either case, the shares are no longer considered a part of the outstanding share count.

The published O/S never includes shares held in the company treasury.

Accounting 101

Ask the transfer agent for verification of the process, not the IR.