Exactly...ultimately JP would have to be the one to sign off on such an offer....the way he worded his 'open market' buy back speaks volumes. By not buying back a single share he has not violated the PR one bit. JP could easily put to rest two key issues...one phone call to Kay at National Stock Transfer takes care of the Gagged T/A issue and a Tender Offer to his shareholders would prove sincerity in regards to a buy back.IMO he will not do either. JMHO. The basics concerning a Tender Offer have been put out there...with a little editing a concise version would get the message to JP and you are 100% correct, The company is responsible for dealing with the details. JMHO
Market Data 
Markets 
