Yeah I found all of this before I bought in as well. There is no doubt that this is a risky play but you dont make the big returns without the big risks. It is funny how much easier it is to accept bashing news as fact as apposed to pumping news.
IMO this article holds no clout and is based on a couple twisted facts.
According to EVDR the sale has not even been completed:
An unnamed Indian Business Group has showed interest in the profitable venture that is the India-based Avtar Singh Construction. Evader, Inc. management is currently proceeding with the sale of this entity. The sale should finalize shortly. The stock issued to Avtar Singh Construction shall return to back to treasury and remain there reserved for the potential future acquisitions. EVDR management believes that ASCC intends to file and list the Delhi India market.
Also according to EDVR about the share buyback:
The company announced in June 2011 of certain share buyback plans. Although this task has taken longer than anticipated to commence it appears that the company efforts are being acknowledged by the market forces. The management is hopeful that this momentum will carry on as the company moves forward with its 2012 business projections.
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