The buyback program is actually on a first come first serve basis, am sure things would improve as  more contractors make use of Bobsrepair platform, although Friderick says they would eventually establish 2 buyback times in one day.

The good side is that the buy-back price is placed at the ICO price which I find very considerate and modest at $0.14. Hope to see this regularize the market price too in the nearest future.

That's really a great news. This is a good start to create a buy inside hotbit and eventually increase the price closer to that level.

What is the max amount per transaction?

Just an update here guys. After 5 days, Bobs repair already bought back 7,700 Bobs Repair worth right now a hundred dollar. They bought back at the ICO price of 0.14 USD . So we're seeing here that they already spend $1000 Dollars. If we try to calculate it base on 5 day = 1k USD, BOBS repair have a buy back power of $6k USD per month. Since they only operate now in Las Vegas area, their planned expansion will mean a continued growth with the Buying Back power. I'm predicting that given the good market situation of Home Service, Bobs Repair will be able to have a $100k per month Buy-back power at max.

This is good news. Are you saying that the buy back is on a daily basis and is going to be on for a long time? The idea is really a good one if it's going to last for long.

Yes it will be on a daily basis. Regarding the duration or when will it last, i don't have any information with that. As long as there are profits being made, there will always be a buy-back. At this state, it's still small.

That is interesting point of view about buying back that to start buying at current market price. This will have two benefits first using less money can be bought back more tokens from open market. This will not only generate volume but also support the floor to stabilize the price as long as it is possible this way.

It's good that now there will be a platform, that thanks to the blockchain technology could put an end to these problems. I think many people will benefit from such platform and the general quality and prices for the repair services will be much better in the end, because of this rating and reviewing system.

is this buy back procedure done through each investors directly or from the exchange? because if the process is done by first come first serve bases then i can only imagine the long que of people waiting for their transaction to be processed.
so what will happen to all the token in this buyback process will they be burnt?