Phil: They need to conserve the cash. For this company at this point a stock buyback only comes off gimmicky. Contracts are the answer........................And don't be surprised if someone offers to take them over. They are cheap enough and despite what fishmouth says they could probably get $5.00 a share. I would take it.
As I mentioned I never had the ability to walk away from this stock thinking that the next day it would run up with a couple of CONTRACTS that would pizz me off to no end after all these years of ownership.