Second massive red flag

You wish to buy back at lower price , well done to company , new major holder in stable hands, that’s what institutional investors look for , they don’t like investing in companies where a chunk is owned by one or get ,

Seriously you must have no knowledge of the company nor it Directors. This is a smart step to get a solid institutional investor onboard. This will never go back to $ 1 let alone $ 0.40 the next likely target will be $ 2 when the next announcements are made.