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[QUOTE]Originally posted by IMAKEMONEY: [QB] CyberKey Solutions, Inc (OTC : CKYS- http://finance.yahoo.com/q?s=CKYS.PK ) Closed down 2% yesterday after announcing the board of directors has approved a stock buyback program of up to $1 million of its common stock over the next 180 days. The share repurchase will be funded using the company's existing cash balance and future cash flows. The share repurchases will occur through open market purchases, privately negotiated transactions and/or transactions structured through investment banking institutions as permitted by securities laws and other legal requirements. The program allows the company to repurchase its shares at its discretion. Market conditions will influence the timing of the buyback and the number of shares repurchased. CyberKey Solution's CEO Jim Plant commented, "We believe the repurchase of CyberKey stock represents a very effective utilization of our cash and resources, based on current market conditions and the Company's growth strategy. We are committed to enhancing shareholder value, maintaining a strong balance sheet and improving returns." The Company recently announced that the CyberKey and KeepSafe would be featured at the Asia-Pacific Homeland Security Summit and Exposition 2006. The summit will be held in Hawaii beginning tomorrow October 31 until November 2, 2006 [/QB][/QUOTE]
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