I think any update will be done on a website basis or possible pr's showing the direction of the company. I would be surprised if they did a corporate update to pacify shareholders, it doesn't seem to be their style, and I'm ok with that, just put out what you have. I think most of us can read between the lines.
I think that yesterday's p.r. precludes the possibility of any buyback being in process now. The p.r. states "Following the reverse stock split, the Company expects to have approximately 37,252,609 million shares of common stock outstanding."
If there will be 37,252,609 shares of common stock outstanding post-R/S, that dictates there will be 1,862,630,450 prior to the R/S (37,252,609 X 50). That's roughly the the O/S now, is it not?
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