Been giving more thought to the Aug-09 article that sman posted, where the guy says something like, 100 mln shares would only cost them 10 mln.

OK, so it was in the 10 cent range when he said that as it is now.

Not so sure I accept the fact it would only cost them 10 mln. How could they possibly start buying in the open market, and have the price not rise at some point. I'm not clear on when a company will make mention of buying back or a plan for same, nor whether at some point it becomes a "material event" and they'd be required to report to the SEC...I don't know what is required legally?

At any rate, logic says word would get out somehow, and the obvious would be when the company states how many shares are in float when they update the info as required. Certainly, just for an example, if we started seeing 1 mln shares a day changing hands, day after day, that demand would drive the price up...no? And that would take 100 trading days to pull the gig off. Give or take, that would be 5 months to buy back 100 mln shares.

I for sure would not part with any of mine for 10 cents....

Anyone here know the SEC requirements if any?

EDIG can buy all I own right now for $7/share...lol.