There will be NO BUY BACK, for many years. This company does not have the cash for such a thing. Remember last year they had a private offering at 40 cents per share, when the stock was trading at 52 cents.That is how desperate they were to raise cash. They had the offering at a big discount.They needed the cash to beef up the balance sheet.
the insiders have already started to buy some.. I won;t be surprised at all if they are buying right now and we find out about it later next week or two, I don't think the company needs to buy back shares when they have plenty of growth ahead