I really don't see the company performing a buy back. Sure it may push the price up due to low liquidity, but the fact remains there isn't really a reason to when 93% is already owned by a Gerry.
That would also be assuming even if TelVue were to conduct a buy back they would bid as high as $100.00. I also don't buy into suggestions of possible financial engineering of buy backs/dividends that exclude Gerry's holdings. Yes it's theoretically possible, but not at all probable in my opinion.
A dividend on the other hand would provide holders with an income on their investment and in my opinion is more likely.