American International Industries Inc. OTC BB Symbol EDII Message Board

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Microcap & Penny Stocks : American International Industries Inc. OTC BB Symbol EDII

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To: jhild who wrote (3709)	11/30/1998 4:27:00 PM
From: jmt	Read Replies (1) of 4814

You don't suppose the share repurchase program is contingent on the sale of that $10M little parcel of land? I am interested to see the cash on the balance sheet earmarked for the repurchase. Oh! I forgot. The shares being repurchased could be restricted. And repurchased in privately negotiated deals. So any cash could be used to repurchase "Trust" shares at a premium to market. But then the auditors may not sign off on the financials, which are to be released tomorrow. jmt

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