Sum, it is allways perhaps or conspiracy stuff with you.

As I haveposted in other places, conspiracy is just another name for "Good Business Planning". As for your Theory(s) on what maybe the Directors were actually intending. Well, those are perhapse unsubstantiated Conspiracies.

All we can go on is what they clearly stated as their rational for proposing the R/S. Seeing as their having mentioned the proposition took care of the assumed Day Trader thing, all that remained was the Funding needs for sometime later next year.And, well, again, Let the existing Share Holders in on that next year on a proportional basis to existing Share Holder HOLDINGS. I, as a Share Holder would LOVE to have possession ot any Warrants that may be attached to any New Share Issue. Having those Warrants could not allow me to manipulate the SP but it would inhibit Manipulators from being able to do their Manipulation. I would stand to benefit by not having Warrants ysed against me and also have the additional benefit of likely being able to exentually EXERCIES the Warrants to further FUND the Company operations and as a result reap the reward for extenting my support to the benefit of the Company AND ALL of it's Share Holders.

Old Joe