Corfacts, Inc. Announces Share Repurchase Program
March 20 2015 - 10:00AM
Business Wire
Corfacts, Inc. (OTC Pink: CFCC) announced today that its board
of directors has approved a share repurchase program. Purchases may
be made at the discretion of management, with the timing dependent
on prevailing market conditions. Shares may be purchased in
open-market transactions, or in privately negotiated transactions.
Payment for the shares repurchased will be funded using the
Company's cash reserves. There is no fixed termination date for
this repurchase program. The goal of the program will be to
increase the per-share equity of the remaining shareholders.
Corfacts, Inc. is a shell company whose only asset is cash.
Corfacts, Inc.Investor RelationsJames Mollica, 800-696-7788
Corfacts (CE) (USOTC:CFCC)
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