Replies to post #1486 on JUPITER Global Holdings fka JPHC

[same53]

Great DD Isell

If shares are retired as you state then that it is positive.
All these forms filed on one day makes it confusing.
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Here is my DD:

Looks like the shares were RETIRED!

If you will look at every form 4 you will see that they bought the shares. you see the price that they bought them for and THEN you see the shares sold or disposed of. And the price.......$0 They said they were doing a buyback and from the Form 4's it looks like it. JMO of course.

Info on Form 4:

Price of Securities
(a) Prices of securities shall be reported in U.S. dollars on a per share basis, not an aggregate basis, except that the
aggregate price of debt shall be stated. Amounts reported shall exclude brokerage commissions and other costs of
execution.
(b) If consideration other than cash was paid for the security, describe the consideration, including the value of the
consideration, in the space provided for explanation of responses.

The rest of the form 4 instructions:

http://www.sec.gov/about/forms/form4data.pdf

Here is an example of another form 4 where it shows the price they sold for:

http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001181431%252D06....

[The_Edge]

Shares weren't bought back from public float, they were "issued" from authorized share count actually increasing o/s.

So if they are retired, GREAT.
Why would one issue shares, then retire them at they're expense?

what am I missing ?
Has this changed float?
No.
js