BAOA Call Centers To Make A Difference Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : BAOA Call Centers To Make A Difference

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: edge who wrote (440)	5/10/1999 7:47:00 AM
From: doc	Read Replies (2) of 833

Why the continued speculation about whether or not the company has bought up large portions of the float? Company insiders are prohibited from buying or selling large blocks of stock without first reporting the intentions to do so to the SEC. This information is then made public. Also, how would a company, which has had numerous expenses and no earning during the past four or five years, get money to buy up shares? I do not believe the company can spend any of the 3.5 million dollar funding to buy back any of these shares. I believe there are some very specific restrictions on how the company may spend this funding. I believe the last SEC report from the company stated that expenses last year, and I believe the year or two before that, were covered by the selling of shares. Although these shares may not be in the float right now, their sell generally is only restricted for a year or two. Since many of these shares were issued during the past several years, I believe more and more of these shares go into the float each month.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next