I just found it. Here it is if anybody else wants to read it:
Dyna Group International Announces Stock Buyback
Plan
NEW BRAUNFELS, Texas--(BUSINESS WIRE)--Dec. 15, 1999--Dyna Group International
(OTC BB: DGIX), parent company of Great American Products, today announced the Board of
Directors has approved the company's repurchase of up to 1,000,000 shares of its outstanding
common stock, effective immediately.
The authorization does not include a specific timetable and may be suspended at any time. The
stock may be purchased from time to time in open market transactions or in privately negotiated
transactions.
Dyna Group International Chairman, Roger Tuttle said, "We believe the stock is significantly
undervalued considering the company's recent record of profitability and our successful efforts to
eliminate a large portion of corporate debt within the last two years.
"This action by the Board of Directors demonstrates our confidence in the outlook for Great
American Products, our sole subsidiary. We continue to build momentum a leader in the licensed
products field. Many of the new products launched in 1999 were very well received in the
marketplace and we intend to build on this success."
Great American Products, a wholly owned subsidiary of Dyna Group International (OTC BB:
DGIX), is recognized as the international leader in the manufacturing and distribution of pewter
sports licensed collectibles. The company holds licenses with the NFL, MLB, NBA, NHL,
NASCAR and 15 top drivers, ISC, WCW and many others. The company recently announced
that it has reached a licensing agreement with the Harley-Davidson Motor Company. In addition
to the licensed products, Great American also produces a broad line of non-licensed collectible
products, which are sold through a variety of retail channels. The products are prized by
collectors due to their design excellence, craftsmanship, and the lasting value of pewter. |
