Actually, that had crossed my mind before I got there but got forgotten as I typed. 

If you extend 2.5 mm warrants at $2.05, you forego $5 million that as I have explained, you probably won't get before there is a substantial deal and don't need the money that much or at all then. If a $20 deal was in the works, do you not think they could raise $5 miilion to clean up debts with a lot fewer shares than 2.5 million. That extension, if exercised when there was a $20/share deal would cost in dilution $50 miilion from the pot. That doesn't seem like a big thing overall and isn't but do it a few times and you end up getting $19 instead of $20. Still not huge but with some of the holdings Board memebrs have hinted at, it adds to a substantial number. 50,000 shares is $50,000 given away for nothing in return. If we got something for doing it, it would be okay but as I have stated in my earlier post, an extension will not push them to exercising. Only threat of expiry or the big deal will push them.