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[QUOTE]Originally posted by zardiw: [QB] [QUOTE]Originally posted by IWISHIHAD: [qb] Just not sure of this recent purchase by the company that was pr'd today? New shares being given for purchase. Although this stock has a very low OS and AS which is nice. It would be hard to take these shares at this point, if thrown out quickly. Of course they are suppose to be restricted, but that word does not seem to mean much in pennyland, hope it does here. Sounds like they bought this portion of he company from another penny stock. Guess i will have to wait and see. The volume never really dries up, even though it keeps trading in roughly the same range. Not a lot there, but you would think it would dry up for awhile if nothing is really moving much. I will check with TA again in the near future to see if everything is cleared up from a little confusion from the last time i called. I still don't have a decent read on this one, of course it is a new public stock, so i try and give it a little break. The chemical company makes sense as a purchase, since there is real money to be made in the catalyst to be used, at least i would think so. Certain chemicals have a high mark up, since fillers are usually cheap and tap water is also. [/qb][/QUOTE]They are not 'new' shares. They are coming out of the treasury. That is what the treasury is for.....to help expand the business.......z [/QB][/QUOTE]
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