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Microcap & Penny Stocks : SEXI: P.J.s corner..

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To: Mack Carter who wrote (23)10/9/1996 11:35:00 PM
From: Skeeter Bug   of 32
 
>>Next, in a September 23, report SEXI said it was now going to go "full-swing" and
that current losses are from start up cost. Add in a company buy back of 250,000
shares by the company announced September 12, it seems to me that the company is
far from a scheme but is serious about a future. If I wanted to stick investors for cash
the last thing on my mind would be a buy back or continue moving to production.<<

buying back less than 2% of what you issued w/o telling stockholders is a nonevent - especially when many were apparently issued to the ceo. the buyback is called an old fashioned diversion tactic...
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