IMO, you are correct. It would be great to see a Q report with most or all of the outstanding S & L warrents converted, but I would not bet the Brooklyn Bridge on it for the coming report. Maybe the next Q.
I would also add the Markman hearing being just around the corner will keep some interested dollars on the sidelines until the results are known. The risk vs reward equation would tend to be "wait," IMO. While some believe it is a slam dunk win, the reality is the other side also has solid representation and won't roll over and play dead anytime soon (although playing dead might get them a stay, lol). My guess is they hate to loose as much as our side. I look forward to hearing from Ron should he be able to attend.
I still like our chances, but this is a speculative penny stock.
John