Industrial Nanotech Inc (INTK)

[bylosellhy]

Given the limited income so far and that they need to fund operations, it is obvious the stock buy back is going to be small amounts over a long period of time. At least for now.
"A company usually repurchases stock in the public market, just as a regular investor would. And so it’s buying from any investor who wants to sell the stock, rather than specific owners. By doing so, the company helps treat all investors fairly, since any investor can sell into the market. Investors are under no obligation to sell their shares just because the company is buying back shares." Related to this is that, so far, there is probably not enough stock for sale (much of the float is locked up and investors not willing to sell) to warrant a larger buyback. Also, It has to be done judiciously so as not to distort an orderly market and at the same time wisely fund operations . Bold is my opinion

"It’s important to understand that, despite an authorization, a company may not buy back shares at all, if management changes its mind, a new priority arises or a crisis hits. Stock buybacks are always done at the prerogative of management, based on the needs of the firm." https://www.bankrate.com/investing/stock-buybacks/