thank you for this link, Plecotus.
I had forgotten about it, but of course this explains why the price is coming down.

the interesting part of the communication is:

quote
all securities are subject to a four month hold period which expires on Jan 1, 2008.
Early termination of warrants
For both sets of warrants, certain early termination rights are included. If the Company's common shares achieve a closing price of $0.28 or higher for a period of 21 consecutive days, the Company may notify the warrant-holders that all unexercised warrants will expire in 30 days following the date that the notice is issued.
unquote

gerdon