Hogwash. This company can not even afford to pay for an experienced Anti-Trust Law Firm to fight IBM.
Instead they went out and shopped for a firm that would take it on contingency, and one with zero experience in AT.
They made their last acquisition with creative financing that had to be backstoppped by the two prior owners because there is no money, or solid credithistory , to do it with regular financing.
And they are predicting only just over 1.2mm in profit this year.
It would be foolish to use any of that to repurchase shares, there is no need at this point since the profits are so low.
The thought they are buying back shares is ludicrous.
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