I had made a recent post where I said that it may be a good idea to do a pp in the future at a higher sp. After reviewing the financials, there may not be the near future need.

I see that we have approx 5 million warrants to be exercised in the future at an average price of approx .50, which equals approx $2.5 million.

I see that we have approx 12 million stock options outstanding at approx average price of .82, this equals approx $9.84 million.

So, thats approx $12 million to go into the treasury to be added to the existing $3.5 million or so, adding up to over $15 million in our treasury.

Options and warrants are contiuously being exercised building up our treasury, if the rest of these were exercised/called in we would be in a well funded situation if needed be. So, having that option there should greatly enhance our cash position in a hurry.

I keep saying "hurry", but if you think about how we may have over 51% of our shareholders being loyal, there would not be any real reason to rush if a low ball bid came in. As I said before, with that kind of power, we may be able to almost dictate what we want for a share bid.