United American Petroleum Corp (UAPC)

[ACER]

Is there a potential for a buy out? Or even a buy back?
Shares were worth 0.1 before conversion of notes, and now after nothing has changed we should be .02 -.03 right now. Very easy for company to buy back shares 90% cheaper?
Now that each Q is better and better they may be making money really soon, so that makes them a target for a buy out in my opinion ?
May be way off base here or just maybe on to something? Company is very quiet seeing as they are an OTC stock that has no debt, no dilution, current, low float, and $298,000 cash and each Q gets better!!!
Thoughts anyone?
Acer