EVERYONE knew a financing of some sort was coming. We talked about it here at length! You don't hire that many new people, with little money in the bank, and no ready income to cover costs. Yes, they did ask some warrant holders to exercise, but the inside buying, that was necessary to run the SP and intice the bought deal, also worked against them for warrants, because greed always talks over your left shoulder in cases like this. What is important this time is that they held a higher ground so that either method (warrants or financing) was available, offering a flexability they didn't have in the past.

The numbers are SMALL, all things considered. I exercised some warrants, but am holding most for more fertile grounds, which the company, by their recent actions, have pointed towards.

In this case, the timing of the tides may not satisfy everyone's ideal, but eventually, a rising tide floats all our boats!!