InvestorsHub Logo

M_T_Pockets

08/14/12 9:18 AM

#52994 RE: Franzken #52974

Hey Franzken, A buy back, technically can't be done until there is some income to use to buy the shares back. But there could be another reduction in the CGFIA A/S count, reducing the unissued shares. (similar to what was done yesterday. Just declare that 10 million shares would be removed from the A/S count.) That would have the same effect, but I think realistically, that may be tough to do. We don't know what shares if any would be needed for contracts or agreements in the near future. Don't forget the merger possibility at the end of the month. Shares will be needed for that, unless the recent cancellation of the increase is an indication that the merger is being put on hold till a later date, or cancelled altogether.

Still, great developments lately. Movement in the "upward" direction is always a good thing!!
$CGFIA