RE:RE:RE:Theralase Announces Warrant Extension Yes of course, they have to be over the excercise price. This to me means that they expect SP to be higher and to get them excercised eventually without the need to do another raise at 25% discount to SP and another set of warrants. All IMO. If we hit Mackie SP target of 70-90 cents, then they should get excercised and bring in over $10 Million and no need for another round of dilution. Seems to make sense to me.