RE: $48mill ppI don`t think the pp gives us any idea about the companys value. But it does tell us that there is a few people with very deep pockets that think this thing is going higher. Correct me if I`m wrong ,the way I read it is 40mil special warrants exercisable at 1.20 thats 48 mil. Each special warrant comes with an extra half warrant exercisable at 2.00 thats another 40 mil if fully exercised, 88 mil total. Yes this will dillute the shares to the tune of 200 million outstanding. This money though will be able to alow the company to move forward very quickly. I don` know about you but a company with 200 million out standing shares and 80 or 90 million in the bank is a lot better off than a company with 125 million outstanding and no money to work with. As for the10 cent options coming out I seriously think that the people financining this show know fully well that this is happening and it obviously is no concern to them so it should`nt bother us. We all know that some days this stock has traded over 60 million shares in one day so if the people with all the cheap paper wanted to dump it could easily be eaten up in a day.Also the fact we can get this type of financing (non brokered) in this type of market speaks volumes. GLTA