I couldn't help myself... I read your post, and now I can't help but reply. Can you explain how it would make the slightest bit of sense for a company to issue shares at $0.60 cents and $1.18... then buy them back at higher prices!? A share buyback would only make sense if they had nothing better to do with the capital (and that's not the case here - they have acquisitions to make that would return more to the shareholders, and if the shares were trading at a deep discount... sorry, I don't buy that theory.
I believe they are undervalued also. But I do not believe they are in a position to buyback shares with buyouts construction not to mention paying lawyers etc. Please explain as with 8 ,more labs to be bought or constructed it only makes sense that they will continue using shares and notes payable.