My question is why are they doing a share buyback when they aren't hiring right now? I've been looking at this lately and they are running no current recruiting ads for anything. From the cc call Arthur made it sound like they are desperate for engineers (esp since the new products they need for sales are 3 months behind in development), need sales people for U.S. Tier 2, and pr and marketing people. Yet here's a screen shot of their Linkedin page. It's been 2-3 months since they reached out for engineers. I'd think spending their cash on this would be more important than lowering the float down even more. It'll just create even more volatility in time.
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