In that vein of assuming nothing, here is what we do know about the 1,764, 720 warrrants.

1. The news release, as posted on SEC EDGAR, is that a proposal was put to the shareholders to extend and reprice the warrants. Once passed, the  refreshed warrants would be subject to an accelerated exercise date of 30 days after a 10 consecutive day period above a share price of $4.89.

2. There has been no subsequent news release and EDGAR filing saying the proposal has passed. Thus we know we are still not in the 10 day share price period.

3. Once the proposal has passed and we have fufilled the 10 day acceraltion condition, there will be another news release and EDGAR filing communicating this.

Off this factual base, I will now speculate how this could unfold. I know there will be 30 trading days for warrant holders to exercise. If 1/2 of warrant holders decide to sell enough shares at 7.50 to fund the 4.25 purchase, then they will have to sell about 16,700 shares per trading day. This is not too heavy a lift given current trading columes.