I just cant see a buy back now. The company wil

I just cant see a buy back

now. The company will have to spend at least 300,000 to be
able to trade again.(10 quarters to file plus reapplication fees-legal)

The best thing for the company would be a swap-preferred shares
for commons. But, it is up to management to decide how much
of the company they temporarily want to give up. Do they have a poison
pill in place already?etc. If they do, then they could retire commons
for a year or two and then cash them into the market later.

I would be thrilled if they grew revenues exponentially and forced
the pps to .08-.12. Then if they r/s it, knowing revenues are rapidly
escalating, shareholders would only lose 25% of their shares for a
chance at 500-1000% return. Seems like a fair trade off.

I doubt now that a share buy back will happen. Its the swapping preferred
for commons that could be in play. If management were savy, they could retire by doing such an idea..... JMHO

TS

TS