ztect,
You said, "yep, you got. it will be more than a few million dollars cheaper to do a buy back post r/s. moreover if the price is depressed to around $4 another corporate entity could come in and offer a buyout a controlling interest for around $6 mill dollar"
IMO,
"a few million cheaper" is a huge stretch considering the company only has a market cap today of $11M. This is a company that is going to have more revs in 2011, at 25%+ net earnings, than they have market cap today. I can't believe you realistically think they can save millions post RS. Maybe, and that is a big maybe, they save several thousand $$. The more likely scenario with improving revs/eps, is that buybacks will be much more costly post RS. Why do you thing Don Andrus is buying today at .07? I anticipate we will see more insider buying before this RS fiasco is over.
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