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Microcap & Penny Stocks : ADGI - American Diversified Group -- Ignore unavailable to you. Want to Upgrade?


To: John D. Morrison who wrote (5979)3/26/1998 4:27:00 PM
From: Jgilbert  Read Replies (1) | Respond to of 9569
 
How many of your shares are you offering for cancellation? I'll keep mine if its all the same. A buyback would be a misuse of corporate funds that would result in a massive change of management. Think of it: Would you prefer the corporation to use its hardearned revenues to buy back its own stock or enlarge its own sphere of operations? A share buyback is great for cash laden companies with no better investment opportunities than their own shares. This is not the case here.