Even if they will buy back 500mil shares @.003 (total of $1.5 mil) the OS will be over 700mil. Nothing will change, they diluted this stock too much and dilution still continues.
Yes. For each share sold today at .003 they wil buy back 10 shares in 2 to 4 weeks at .0003 thus reducing effectively 90% of the originally purchased shares from the OS.