Uall,

The document is publically available.

Scola's resignation was on March 9 - after the agreements were in place. He was a key driver. His resignation was to bring the BOD in compliance with the requirement that a minimum of 25% of board members be Canadian residents. I believe one of our blog members lodged an official complaint about this.

What are you talking about - debt being less dilutive than warrants. The warrants will always be exercised - it is just a question of when. Postponing dilution when you need the money is better than bridge loans?

Now your motives are becoming suspect.