The word “process” in Joes Pr about starting the process to retire the shares next week, might either mean...1. They started the process and it was to be retired last week, or 2 They were starting the process and that start would be complete last week and submitted to the regulatory agency to retire the shares.
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Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.