If you're going by shear numbers, then sure it would take that. But, couldn't hype alone cause the stock to rise? Wasn't that the case with all the dot com stocks in the early 90's? They had absolutely no profit and some operated at a loss, but their stocks soared to incredible highs.
What if they make a huge deal with a major company and generate alot of interest and buying is sparked?
Take that, add a buyback and possibly a reverse merger, and we can make over $1.
I think you're right about the buyback though. As long as it keeps going on, we won't see any real press releases.