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QBID: Triangle Multimedia Inc.
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[QUOTE]Originally posted by The Hippo: [QB] [QUOTE]Originally posted by GatorMan: [b] They could indeed. But wouldn't they put that money to better used by using it to get on the air? Maybe they've been able to get funding for both. I really hope they are buying back a lot but if they've bought back as many as was suggested then I'd think the price would be going up simply because the supply is greatly reduce. Of course, maybe the outstanding was much more than the 7.5 billion. [/b][/QUOTE] I dont think that 3.5 billion have been retired, but I DO believe that there have been shares retired. I think the plan was to keep it as discreet as possible to as to prevent the share price from jumping. just think: buying back shares at 0.0013 or 0.0014 is 1/3rd the cost of buying back at 0.0034 [/QB][/QUOTE]
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