Don't forget he could use no treasury shares and just issue 30MM more shares from the authorized amount of 500MM I believe it is. One would assume that treasury shares would be used but if our cost for them is .56/share then we're basically losing 33 cents on our investment in bought back stock...we just devalued what was purchased for over 13Mm and and assigned a value of only about 5.75 Mm to it plus another 1.75MM in newly-issued stock.

So don't be surprised, if the stock price stays at these deflated levels ,that we might see an issuance of another 30Mm shares for Crossflo. JMO but very possible and no loss taken on the stock bought back.