Many would argue that spending $300,000 on share b

Many would argue that spending $300,000 on share buybacks instead of growing the company is "kooky". When you look at no revenue with buybacks. It has done 0 for the stock price.

With good revenues, the stock price will move and it will be much harder to buy back going forward.

In the end, the fact that many shares have been purchased by the company and revenues are going to grow quickly, everything will workout fine. RS or not.