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Microcap & Penny Stocks : IDCN - gold, garnet, etc.
IDCN 0.000010000.0%Mar 6 3:00 PM EST

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To: Brian K. Harris who wrote (1049)8/21/1998 6:24:00 PM
From: Amir Feinsilber  Read Replies (2) of 5908
 
Can somebody explain something to me?

Maybe i'm just stupid, or maybe it just has something to do with the fact that it's Friday, but why would a company announce that they are going to sell each share at $.375/share BEFORE announcing a buyback at these current levels. Are they waiting for a few more weeks so they can buy back these shares at 4 times the current amount? That doesn't make any sense. Anyone out there with any insight on why this may be the case? I'm confused.

-Amir
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