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Zorax

03/09/12 10:54 PM

#40987 RE: Monypit #40981

MY CALL OF A BEST BET WOULD BE, """TO PR THAT THERE WILL BE A SHARE BUY BACK PROGRAM."""

Cool. With the cash cgfia has on hand of 5,257 that would knock that 35 billion down by an immense 57 million shares.... put it another way, if guyer sold you a 10 pound chocolate frosted donut and said he's going to do you a favor and help you lose weight by buying back your donut, using the same .15% he could take all he can hold after scraping some chocolate frosting with a toothpick. guyer has no money for a buy back and he wouldn't be doing any favors for cgfia common share holders either.

http://ih.advfn.com/p.php?pid=nmona&article=50736129#D280302D10Q_HTM_TX280302_5
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Civicbird

03/10/12 1:56 AM

#40996 RE: Monypit #40981

A buyback is clearly the action to implement, and I'm sure the cost wouldn't be too much with some initial revenue.(Especially at our current PPS levels) The company has emailed me in the past stating they don't believe in a R/S.(I would be absolutely livid if one were performed......it would seriously cripple many of our portfolios. My 6,000,000 shares would be slashed on every level) I'm hoping, as we alluded to last week, that Guyer sets CGFIA for a buyout this year.......and for as high as humanly possible when one adds in assays, property rights, etc.