To all,

Someone asked earlier today what it may take to exercise the outstanding warrants, well here goes with one man's opinion.

If I had 6M warrants (and I don't) here is where I would be parked:

1) Any execution of the 6M warrants would generate a 3% dilution of the company stock (approx 6M / 200M = 3%), hence 3 cents

2) I would need to cover the face value of the warrant, hence $1

3) Most importantly, I need to be encouraged to take out my $ out of the bank or some other safe investment and put it into a more risky investment... how about a 15 cent risk premium.

Therefore, I would need a SP of approx 1.18 to even consider exercizing the warrants. Otherwise, why in heavens name would I even bother.

Please do not consider this post a pump or dump. Two words I would otherwise never use in a conversation or post. But these are my thought nonetheless.

Hence, we may see these warrants come and go without any noise or execution

Best regards,

Maple Syrup