Fact of the matter is, at the Sept-08 SHM when we were in the 14 cent range, questions about divs or buy back were asked..."we are keeping all options open."

Then in Nov-09 at the SHM when we were in the 17 cent range, ditto & ditto & ditto answer.

We asked on this board at .09 before the CO ruling, now at .03 after the ruling.

Did the question come up Sept 1? No.

If they can afford to use cash for this is it a good idea for all concerned...heck YES.

Do I think it will happen anytime soon...no is my gut feel.

When we see how much cash is on hand mid-Nov, maybe the time to press the issue again should be raised.

I think it was sinkman who posted the SEC rules for a buy back plan, and it needs to be announced then there is a limitation of X % per mo for X time...something like that? Doubtful it would stay at .03 long enough to not use that much cash....but what do I know...LOL.

50 mln @ .03 is 1.5 mln or a 12 month burn rate use of cash.