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Mar 25th 2012, 20:52 DBX Dover Business Exchange
by Lindsay Dover

Discussion: Destroying 100,000 shares

It is always my goal to keep the share float low in order to stabilize price. While the reverse split assisted, there is still more work to be done. I would like the float to be between 300,000 to 500,000 shares so that shareholders realize more in dividends and value in the long run. The treasury has just over 100,000 shares and since we are only paying a 50% dividend, there should be little issue with retaining profits for growth. Please weigh in on this discussion in the forums. Thanks!

Lindsay Dover, CEO
L&L Corporation

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