If not now, when, does a company consider buying back its shares?
Certainly working capital is to be taken into consideration, but with more settlements on the way I cannot think of a better way to directly increase shareholder value while sending a message that Nunchi is the future and more settlements are expected.
They sold those shares for a dime or better and could be buying them back for 2.5 cents, while leveraging the Flash-R and attempting an Nunchi launch. Per Nunally, they expect partnerships to finance the Nunchi effort.
This is one ugly market. They should take advantage.
However, 4 more years of this stink and kiss it goodbye, and I'm not talking EDIG.