I don't see any reason for the BoD to buy shares on the open market. More likely they will (or have) re-issue to themselves options at around 4c. That way they can exercise the options at no personal costs (part of the exercise can pay for their ultimate taxes) whenever they wish. Just look at their history of doing this.

As for stepping up re-purchase... why? That would benefit all shhareholders and would use PTSC funds. There are SEC rules on how many they can buy back and we are closing in on the end of a quarter which may be one of the criteria to block re-purchases. There is no significant benefit to repurchase to the BoD per se other than to increase the pool of shares from which they could possibly issue shares for themselves (e.g. a stock grant bonus or similar). A $40,000 purchase could buy back 1,000,000 shares but that's still only 1/400 or 0.25% of the 400,000,000 pool. Plus, it would take effort.