The "no brainer" is mistaking buying back a couple of shares at inflated prices as making any material difference in per share value. It WOULD make a difference IF the buyback made a material impact on the outstanding. This one will not.
IF they executed the reverse split... 1 for 3000... THEN it would matter that you put 10 million into a share buy back. With BILLIONS outstanding, putting a paltry 10 million into a buyback ONLY makes sense in that having done it (or announcing it and NOT doing it... yada yada... forward looking) allows you to sell $60 million in new shares while buying back no more than $10 million in old ones.
Note the PRs say they AUTHORIZED a reverse... but there is no evidence at all they have completed one... yada yada about forward looking statements, etc. When they've DONE the reverse, look at these shares... UNTIL then, they are setting you up to buy pre-reverse shares... and then have your ass handed back to you at a huge discount...
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