jj - Thanks for the T2057 info. I suspected that would be the case but didn't know enough to comment.

You nailed it with your comment of "seems to have become clearer with lots of potential fog"

I have run a number of senario's through my head of late. The one that seems to make a lot of sense at the moment would be that the company is or has been in discussions with a number of BP's and potential deals based on receiving good or great top line results. This also fits into a NASDAQ listing. So here's how I could see this play out. This PO closing with somewhere over $15 million raised, good top line announced on all 3 indications, an offer from a BP based on successful full data, traders selling their shares or some of the shares that they received in this latest financing, exercising their warrants with the cash raised by selling some shares putting enough money in the company coffers to complete paying off the loan and leaving them with 5 to 6 months of operating capital which would also take them over the finish line to close a sale/partnership. If the potential purchaser waffles there is always the opportunity at that time to do a NAZ listing to raise more funds at much better prices than what we have seen, maybe ever!

Had been trying to theorize why the warrants on this PO are not tradable and the last ones were. Forcing some to convert may be what was in their minds when this financing was conceived otherwise you would just sell the warrants to take some risk off the table.

Just some thoughts rolling around in this lump on top of my neck.

This all works if good top line results are reported. I shutter to think what might happen if we don't have at least 30% RRR.

All IMO, dyodd

tada