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She can't go any lower. And they just signed a deal generating $800k in projected revenue. Also Aspen, Winter Park, and Jackson Hole are pretty chi-chi markets. Could be a sleeper.
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Summus Works, Inc. to Buy Back up to 4 Billion Shares of Company Stock Business Editors
DENVER--(BUSINESS WIRE)--June 5, 2006-- Summus Works, Inc. (Pink Sheets:SMMW) announced it is initiating a share buy back program and will buy back up to four billion shares of Company stock.
"The initiative shows our firm belief that SMMW's current share price doesn't adequately reflect the value and long term prospects of the company's businesses," said Summus Works President Dan Burgess.
Summus Works, Inc. (Pink Sheets:SMMW) is a multi-media holding company with interests in outdoor sports, retail, e-tail, print, web, television and film. For more information on the company or its outdoor sports and media subsidiaries, visit http://www.summusworks.com.
This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
KEYWORD: NORTH AMERICA COLORADO UNITED STATES INDUSTRY KEYWORD: PROFESSIONAL SERVICES FINANCE COMMUNICATIONS PUBLIC RELATIONS/INVESTOR RELATIONS SOURCE: Summus Works, Inc.
CONTACT INFORMATION: Summus Works, Inc. Dan Burgess, 888-607-9495 summus*summusworks.com or Investor Relations Contact: SmallCapVoice.com Stuart T. Smith, 512-267-2430 Info*Smallcapvoice.com
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If they would buy back 40 billion shares this stock might see .0002!!Really, what is 4 Billion when you are talking about 80 Billion O/S?!?!?
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