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SMMW...20% BUYBACK
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[QUOTE]Originally posted by Bigrod40: [QB] :D Figure its time to start a new thread with the news released this morning. Possible run on the horizon with this. Especially if the rumour of 65% to 70% insider holdings are true. Here is todays PR. ;) ;) Summus Works Announces Special Board Meeting to Discuss Buyback of 20% of Issued and Outstanding Common Stock 8/7/2006 DENVER, CO, Aug 07, 2006 (MARKET WIRE via COMTEX News Network) -- Summus Works, Inc. (PINKSHEETS: SMMW) announced the Board of Directors will convene a special meeting to discuss a VVV proposal to buy back 20% of the Company's issued and outstanding common stock. Management reemphasized its unwavering commitment to its VVV initiative to enhance shareholder value and affect the increase in the price per share necessary to facilitate pending and future mergers and acquisitions. "While we are encouraged by marked progress on all business fronts and the Company's ever-increasing visibility, it remains 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. [/QB][/QUOTE]
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