PennyStocksForDummies Newsletter Good Morning D
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PennyStocksForDummies Newsletter
Good Morning Dummies! We were doing some more DD last night on EVDR and stumbled across an amazing PR that you have got to see! Evader Inc. ( EVDR ) 529 Million Share Buyback From Majority Shareholder June 6, 2011 Evader, Inc. management announces steps to reduce the number of outstanding shares by more than 529 M. These are restricted shares being purchased from a majority shareholder. The current outstanding share structure of EVDR sits currently at 880 M. This will be reduced by 529 M shares to be approximately 351 M outstanding shares. The authorized shares will remain undisturbed at 980 M This purchase and share reduction to the new outstanding shares of 351 M will consist of about 237 M free trading shares and 114 M restricted shares.
This means the float of EVDR is about 237M shares which is very low for a stock at this price level! [1]LINK * EVDR has a float of only 237M shares * EVDR is at its 52 week low price and appears to have solid bid support! * EVDR has a 52 week high that is 60x higher than the current PPS! With a float of only 237M shares, EVDR is sure to be a fast mover! - PSFD Primary Investments LLC has been compensated twenty five hundred dollars for a one day marketing awareness campaign on Evader Inc to take place on January 20th, 2012.
Read more: http://www2.thestockmarketwatch.com/newslette...z25pGn3ZX7