Buckeyes - "Yep, funded thru top line it appears ... all about data now ... good lord I'm excited ... and nervous"

It is a little earlier to say this. If all of the proper 50% payments have been made to Third Eye, there is still about $7 million of loan remaining. I am not worried about it but it seems almost a given that more has to be raised to get to top line data. The Third Eye loan matures in a month so has to be dealt with in some fashion. I am sure there will be money raised to pay it or some other agreement made. Current cash and payables are almost equal so you can't ignore that when looking out 3 - 4 months as you have to pay that even if you rack up that much in new payables again during that time. You have that monthly burn. Should you swing a Third Eye deal to relax the conditions for some warrants, if BoM is successful, that is dilution also as if the price takes off, they will exercise those warrants causing dilution. It amounts to the same as a financing other than only being temporary while the warrants aren't temporary when exercised. Most deals are dilutive in one way or another. Licensing deals are dilutive in that the licensee takes a large portion of the future revenues. Whether a third party takes shares (hence portion of future profits) or a portion of future revenue (license) it all boils down to dilution of one sort or another. That is how the game is played.