Buy Back Plan

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gumby1116

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Buy Back Plan

posted on Nov 08, 2011 07:32PM

From today’s news…

As mentioned in past communications, a 15% holdback from proceeds received will be sent to SFMI's stockbroker for the purpose of buying back SFMI's shares out of the open market and retiring them to treasury. Shares bought in total aggregate will be reported in subsequent US SEC filings.

Let’s calculate today’s activity…

IF 2.1 milion shares traded at an average pps of let’s say 7.0 ¢ , that would be $147,000.00