" It's up to our BOD to decide what a fair deal is in this environment. Do they wait for the markets to recover to get share holders more value? Or do they take a discounted deal right now?"

I think that should be up to the shareholders shouldn't it?

"Institutions put their money in far north of current prices and haven't dumped. Until I see them unloading their shares I will continue to be very bullish on NOT."

By the time you see that it's getting late.

Just some comments D12, no offence intended.