ECU current = $1.20. Current warrant price = $.60

possible values of stock and warrant in 2014: (with wt premium = $.05)

ECU -> gain WT -> gain %gain leverage (wtgain/stockgain)

$2 0.8/1.2 $1.0 .4/.6 66% none

$2.4 1.2/1.2 $1.4 .8/.6 133% 1.3

$4 2.8/1.2 $3.0 2.4/.6 400% 1.7

$5 3.8/1.2 $4.0 3.4/.6 566% 1.79

$6 4.8/1.2 $5.0 4.4/.6 733% 1.83

$8 6.8/1.2 $7.0 6.4/.6 1067% 1.88

Pick your ECU target, and sleep until 2014...hope the arithmetic is correct.

lotus petals,

gildage