They are not buying back shares at the current PPS.

Because I asked:

Was the 42 million shares that were bought back from Galaxy World Wide in exchange for the $10,000?

And she answered:

The Galaxy Buyback was for more than $10,000, but far less than the $420,000 of value they would represent if they were converted and put into the open market.

But if I may guess, I think they are tightening up the share structure before they make it big.