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euc

04/27/12 7:15 PM

#22173 RE: Neuronal #22172

No I didn't even think about that.. I believe that I read somewhere that the share buybacks have to be funded from a company account separate from all other transactions.. let me see if i can find a link to support this..

Subifreak

04/27/12 7:30 PM

#22176 RE: Neuronal #22172

Yeah I agree with Euc but if Cory and Jeremy start buying as well then may have something there. Thing he just wanted to put his faith in the company out there for us investors to hopefully start building a new "trust worthy" relationship with the Leaders of MP. Just my thought on it

ericrez

04/27/12 7:45 PM

#22178 RE: Neuronal #22172

Those shares were purchased by brad for brad. That is not part of the buy back program.

I'm sure you guys have discussed this, but why aren't we considering the purchased shares by Brad as simply part of the share buyback program rather than for his personal purchase...or is that how you guys are looking at it?

euc

04/27/12 8:00 PM

#22181 RE: Neuronal #22172

Also if I am not mistaken when the company buys back shares they can do one of two things with them..

They can:

1) Retire the shares completely, taking them out of the system, lowering the O/S and A/S(difference between A/S and O/S will remain the same unless those shares are specifically cancelled.)

or

2) Buy back the shares and place them in the company's "Stock Treasury" aka remaining A/S. This will effectively reduce the O/S, while the total A/S remains the same, and the difference between the A/S and O/S will grow inversely proportional to the decrease in O/S.. i.e. take away 200M O/S add 200M to the REMAINING O/S with the total A/S staying the same..

If MSLP ends up doing scenario 2 then expect them to buy back as far down as they want, then cancel the entire remaining A/S when complete.. This is more likely to me because it would coincide with the company controlling 51% majority scenario as well, because if something happens and someone else ends up with majority they can quickly issue themselves shares out of the A/S ..

Just my thoughts on the subject.. If I left out any other scenarios please enlighten as these are the only 2 I am aware of..