Absolutely. And one of the reasons this takes time, is that they first had to stop the bleeding from the previous admin before moving positively in the right direction.
exwannabe, You're exactly right if the BOD didn't see the light at the end of the tunnel they never would have even suggested using $50mill for the buyback. They'll probably have a special shareholder vote soon. This action will at least put a floor on the NASDAQ $1 requirement as well. To remove the warning the stock has to close at $1.00 for 10 minimum of consecutive days within the 180 period.
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