We may not need funding from the warrants at the present time but let's understand that the April 30th report is disclosing the y/e financial results which at that point will be significantly out of date.

Given the potential for a production ramp up, ongoing hiring of qualified staff and their impact on cash burn there may in fact be a need for a capital raise at some point in the foreseeable future, maybe ....maybe not?

In the absence of having revenue guidance etc we as shareholders will always be 90 to 120 days behind the actual financial position.

As shareholders our greatest risk is the ongoing uncertainty. Without knowing the identity of the Tier 1, the real and current status of the OI qualification nor the current status of the negotiations with the mysterious 'interested party' we will always be subject to the fear, greed and games of the market.

Regrettably without anything to demonstrate economic value, the OI remains a risky venture but, as we all know, these circumstances can change in an instant which is clearly why we all remain on this board and in possession of what we hope are valuable shares