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[QUOTE]Originally posted by gnulnx: [QB] Persia: "Phoenix plans to continue its stock repurchase program, and will follow its previous strategy of buying through its brokers and through private purchases of non-restricted and restricted Phoenix common stock." http://biz.yahoo.com/iw/060426/0125059.html http://biz.yahoo.com/iw/060619/0136477.html The stated that they would take certificates for 3 cents. This doesn't mean that they won't buy them on the open market...especially when we are traading under 3 cents. Also Ron Blackburn told me that they would "LIKELY" start buying back shares this week or next. Look it's in the companies best interest to do this. Contrary to what some people believe the company is NOT selling stock to raise cash...heck they don't need to...250-300 trucks a day! The company is systematically preparing itself for a much larger price and a move to a "real" exchange. Paul has over 100 Million shares...I garauntee that he want to pps well over a dollar and he knows how to do it. [/QB][/QUOTE]
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