Hemi Energy Group Inc. (fka HMGP)

[PinkElephant]

I was only questioning the idea that there is no motive. I think it is as simple as undervalued = motive in direct proportion to each other. If they are not motivated to do so it would make me question that they are as undervalued as some imply.

Now as to whether or not current resources are available to pursue such a course, that is a different matter, I admit. Certainly completing in-progress projects that so far have added little to current revenues and cashflow may easily take priority in the short term.

Shrinking the O/S when the stock is extremely undervalued doesn't imply they can't use shares later to grow the assets. It only points out the absurdity of growing the assets using the same undervalued shares at a time when you should be buying them back at pennies on the dollar if you could.