Thursday, May 12, 2011
TLAN - Company Comes Through For Shareholders With 100 Million Share Reduction
In this market you will see press releases claiming a company plans to reduce shares, but very rarely do you actually see the company come through on that promise. That is what makes TLAN stand out and why I think this stock deserves to trade at a much higher price per share than it currently does.
A few weeks ago TLAN issued a press release stating they plan to reduce their outstanding shares by 100 million. Yesterday that share reduction was revealed with updated numbers at OTCMarkets.
The company posted a profit last year, reduced liabilities, increased assets, and has ZERO convertible debt. They also recently did away with all preferred shares meaning each share you buy is truly your stake in the company. With the outstnading shares being reduced, your piece of the pie continues to grow. As I have stated previously I think TLAN is a stock to watch for 2011 as the company grows and continues to come through for its shareholders.
A few weeks ago TLAN issued a press release stating they plan to reduce their outstanding shares by 100 million. Yesterday that share reduction was revealed with updated numbers at OTCMarkets.
The company posted a profit last year, reduced liabilities, increased assets, and has ZERO convertible debt. They also recently did away with all preferred shares meaning each share you buy is truly your stake in the company. With the outstnading shares being reduced, your piece of the pie continues to grow. As I have stated previously I think TLAN is a stock to watch for 2011 as the company grows and continues to come through for its shareholders.
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