My thoughts on investment decisions...Only make decisions when the applicable variables are relatively well known. Q1 was terrible. Q2 and Q3 are notoriously poor quarters for Pulse. Transactional Sales are unpredictable. Share buybacks will be on Canadian Insider. So.... in my not so humble opinion... if the buybacks return they would have to incur more debt (assuming poor sales) so why wouldn't they incur more debt to pay a dividend. If the share buy backs do not return then it is more difficult to predict whether the dividend remains. Q2 #'s will tell. For now I will wait before I jump back in. Just my opinions... conduct your own due diligence. For what it is worth 20% swings in the share price of Pulse are not uncommon. The problem is being patient enough to wait and wait and wait for the times when it appears obvious to buy or obvious to sell. Q2 #'s should help with this process. VS