RE:RE:Wednesday’s price action Sorry I wasn't clear, I meant the ~20 to 30 million warrants outstanding. (I'm not sure how many there are anymore, but there has to be something like that).
The consequential actions now are just paperwork so pretty straight forward. One would think if we are award the Step 2 "licence", we are just another little batch of paperwork (and some follow-up studies) away from a pretty dang nice annuity. It is fair to think the share price could or should rise to 20 to 30 cents in the next 2-3 months. If the share price can stay there a while, Management can call for early redemption of those warrants. 30,000,000 warrants @ .07 is $2.1M. Now we aren't going to get all the warrants redeems under the circumstances, but we should get a bunch after shareholders sell into the news. Now we'd need some big volume and others to hang on, but I'm just saying, it could provide another needed shot of cash to move forward.
Anyway, get Step 1 done, then Step 2, and then follow up with Step 3. That's is it. Amazing what that would do.