now would be a good time for share buyback, page-8

I dont think current BTA management would announce share buyback because this is not in their interest.

They still have not justified their investment in their last two acqusitions and it has been about 2 years since their last acquisitions. If they say BTA need to conserve cash for pipelines, they are refered to their last two acquisitions and the $20 cash handout.

In a word, the current management is incapable,speculative and self-intersted, IMO.

If they really want to realize BTA value, they should try to restore BTA shareholders' confidence first. They can use $10 million for share buyback to "kill" those retail shorters, and give the share price a better stability. Stable share price can give investors better conficence together with the long-term prospect of Lani.

Just my thoughts.