They will buy back at various times beginning after the AFs are released, as the situation permits. They have a buyback set for this year, how much and when is upp to the company. Thing is with an openended buyback, it can last for 10 years and it won't matter that much how much they buyback as long as sales continue.. The pps will fly as the company grows.
It will be much more valuable to ETIM and Investors if they do their stock buybacks at this extremly low share price.
If they wait and the company grows so will the share price and it could cost ETIM much much more to buy back shares. In the end the O/S will be much higher and the share price lower.
At todays stock price ETIM can buy millions more shares back using a lot less cash and it will add to ETIM's and shareholders value big time now and future.