Please read this quote from the press release I po
Post# of 17862
Mr. Meier continued, "When you consider the Bayano project's size, tree volume and high value timber, all of these factors suggest to us that our current capitalization is significantly less than the projected net revenues from this single project. When you further consider the size of this untapped market, along with our global expansion plans, we believe now is a perfect time to commence a repurchase program. Ideally, we would repurchase as much as 10% of the issued and outstanding shares during the first phase of the program. If successful in achieving our reduction goals in the first phase, we would seek to increase our buyback by as much as 50% in a second phase.
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