National Automation Services, Inc. (NASV.PK) to Repurchase Half of All Outstanding Shares
National Automation Services, Inc. (NAS) excitedly announced today that it is planning to repurchase 50% of all outstanding free trading common stock from its investors at fair market price. With intentions to begin repurchasing shares next month, the company plans to use the stock for new acquisitions. According to the press release, NAS is prepared to repurchase as many as 28 million shares, which is a massive reinvestment into the company. Bob Chance, President and CEO of National Automation Services, commented, "The Company is making this move to fill the Treasury with stock to be used in negotiating the planned…