ROI should hire Flubber!The NCIB is really only intended to provide support and add value for the options holders but is just a black hole because ROI isn't selling enough product. At the same time ROI insists on threatening to wipe out it's shareholders with a consolidation so the s/p is stuck at a nickel. (a.k.a. - why would anyone insist on getting permission to do something if you aren't gonna do it?)
The nickel problem is now complicated by 2 things. The overhanging consolidation threats and a lack of sales. Nothing magical, no additonal proven-to-fail financial engineering tactics will fix this valuation problem.
The obvious solutions are :
1. Put consolidation back on the shelf until appropriate and
2. Flubber.
Flubber would need to be given a turncoat and some other incentives (maybe some underwater nickel options?) to work with the friendly opposition but ...When ROI hires Flubber they'll add more energy than ROI currently has in it's entirety.
Flubber'd be posting new sales every day, sometimes many times a day, compared to the current crew that at best is posting sales every few years if at all.
(she'd probably be selling product at a penny on the nickel but volume at the expense of price is a valid business growth tactic):
dyodd
knowsjack