Let's figure out McEwans position exactly, just for laughs !
He bought 3,144,746 units at $ 1.45 which include 1,572,373 warrants at $ 1.75
So using a current share price of around $ 8.45 We get a profit of $ 7.00 on the stock and $ 6.70 on the warrants or :
3,144,746 X $ 7.00 = $ 22,013,222
1,572,373 X $ 6.70 = $ 10,534,899
Total profit $ 32,548,121
Chump change and He'd be laughed out of the Club if he settled for that so let's figure out where he'll be when we get taken out at $ 50.00
3,144,746 X $ 48.55 = $ 143,085,943
1,572,373 X $ 48.25 = $ 75,866,997
Total profit $ 218,952,940
Now that's more like it !