Koo, I'm not sure what you missed in my post. I said I'm kind of hoping for a term extension of the loan in exchange for warrants (the warrants being for Eastern in exchange for extending the term - that's what Eastern "gets", no concession).

In 2012 Eastern secured the original $25MM loan for 1.3MM warrants and in 2013 when the loan was increased to $38MM Eastern got an additional 728,000 warrants. Further, in 2014 when the loan was increased by another $30MM Eastern got an additional 5MM warrants. I would argue that Resverlogix is less risky now then at any of those times, so I'm not sure that Eastern extending the term of the loan for more warrants would really be a surprise. Nor would it be a surprise if they guaranteed an increased and extended loan for that matter.