They need to mention how they plan on getting back above $1.00 a share during the conference call.
A small buyback program would do it.
Earnings/conference call, shares either go up to $1.00, or down to $.30, depending on if they have a resolution, or not.
Jeff: I was a proponent of a share buy back before as well, but that was when there was a looming delisting and they needed to do something urgently. Now that this urgency is gone, we can be confident that they are well on their way to the kinds of results that will get the share price to $4 to $6 range, so the $1 issue is no longer the focus. That said, at today's prices it would still be a good investment of their treasury cash.
But as a shareholder, I am more interested to hear the details of the results of their black hogs program and which additional cities they will launch in and how they will accomplish this without giving away free equity every time to an unproven sales team.
I think their "wording" of how they plan on getting shares back over $1.00 to keep their listing will be the most important thing. They have had many positive earnings, without going, and/or staying up.
Even a small 5 million repurchase program would do something. They can say that they are going to purchase shares, as long as the share price remains under $1.00. That alone would do it, and then can just keep buying back shares as it hits $.99 a share.
They most likely wouldn't need to buy any, or very few, over the next year. It would also help EPS, book value, and give them some credibility.