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Benacquista
Commences Share Buyback Program
SAN DIEGO, June 1 /PRNewswire-FirstCall/ -- Benacquista
Galleries, Inc. (OTC Bulletin Board: BAQG -
News )
announced today it has commenced its previously announced
share buyback program.
"On February 21, 2006 we announced that we would be buying back up to 200,000
shares of Benacquista's stock over the next 9-12 months. Today, we would like
to report that the company has begun its share buyback program with a purchase
of 15,000 shares at .40 cents on May 31st. As shareholders can see in my recently
filed form 4, over the past week, I personally have purchased 49,900 shares at
an average of .525 cents per share. For me, I can't see any better investment
then shares in Benacquista Galleries. We have over four years of hard work in
the development of the company and its products. Since the initial launch of
the company's flagship product, The Farmacist Desk Reference (FDR) we have received
outstanding success and great accolades from all. Author, Don Tolman has embarked
on a 7 week tour promoting The FDR throughout the Pacific Rim including, Singapore,
Australia, New Zealand, Fiji, and Hawaii. With the exciting launch of the
Farmacist's Desk Reference (FDR), and our innovative new artist program we believe
fully in our ability to grow Benacquista and its subsidiaries into serious players
in their respective industries," stated Benacquista President, Jim Price.
About Benacquista Galleries, Inc.
Benacquista Galleries, Inc. seeks acquisitions and invests in early stage companies
with a focus in the Art, Education and Publishing Industries. Benacquista was
founded in 2002 and went public in 2005. The Benacquista Gallery of Companies
consists of Benacquista Fine Art, Benacquista Publishing, YNOT Eduk8 and Physiognomy
Interface Technologies. For further information on Benacquista visit www.benacquistagalleries.com .
Forward-looking statement
This press release contains certain forward-looking statements. Investors are
cautioned that certain statements in this release are "forward-looking statements" and
involve both known and unknown risks, uncertainties and other factors. Such uncertainties
include, among others, certain risks associated with the operation of the company
described above. The company's actual results could differ materially from expected
results. |
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