Posted On: 02/27/2013 9:33:37 AM
Post# of 17862
Share update as of last pr
"Share Reduction - During our last discussions of share reduction, we noted that we completed our original quest far ahead of schedule and would seek to continue the efforts with a new reduction effort. The company did in fact retire an additional 500 million shares from the Issued and Outstanding (I/O) share count during the last quarter of 2012. This reduced the I/O from what's currently reflected on the PinkSheets (http://www.otcmarkets.com/stock/HIMR/company-info) as 4,689,341,272 shares down to 4,189,341,272 shares. There was an oversight and the data on PinkSheets was not updated. We will continue to actively pursue a reduction effort even amidst debt repayment and future financings. Having a suitably restructured company without the use of an 'unwarranted' reverse will continue to be one of our corporate ambitions."
More to come, check pr nov. 14 th for share reduction goal
http://ir.stockpr.com/hollundindustrial/compa...-inquiries
Himr
"Share Reduction - During our last discussions of share reduction, we noted that we completed our original quest far ahead of schedule and would seek to continue the efforts with a new reduction effort. The company did in fact retire an additional 500 million shares from the Issued and Outstanding (I/O) share count during the last quarter of 2012. This reduced the I/O from what's currently reflected on the PinkSheets (http://www.otcmarkets.com/stock/HIMR/company-info) as 4,689,341,272 shares down to 4,189,341,272 shares. There was an oversight and the data on PinkSheets was not updated. We will continue to actively pursue a reduction effort even amidst debt repayment and future financings. Having a suitably restructured company without the use of an 'unwarranted' reverse will continue to be one of our corporate ambitions."
More to come, check pr nov. 14 th for share reduction goal
http://ir.stockpr.com/hollundindustrial/compa...-inquiries
Himr
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