Paying off dept intelligently always makes sense. The block purchases imply that there are large buyers who want the stock and usually can't buy volume without pushing up the price. Also it implies that the company has confidence that it won't need the money and would rather pay off high interest dept since short term money earns little interest today. The stock could put you to sleep. Whatever they do though is thoughtful, methodical and they seem to be partnering with the right people. Just look at icontrols announcement of July 22. Their recent corportate investors- ADT, Cisco, Comcast, GE and Intel are "world class companies who will accelerate the development and rapid deployment of iControl's technology." Remember that each one of these companies will be working to install various systems to homeowners. At each installation Numerex will get recurrent revenue. It strikes me as not too bad to have all those biggies working for me. And on top of that iControl expects to hook up your utility meter. And remember that this is just one of many potential verticals.