Nakate, here are the details for the $ 5M oversubscribed private placement (Dec. 21 press release).

I don't think 49,020 warrants will do any good to the Shorts with their more than 12,200,000 short positions (declared)... No policy insurance for Shorts here...

This deal is actually resulting into a net company value increase:


The 30M debentures is no dilution: it is a loan (brings money into the Company) refundable in either cash + interests or shares @ $3.50 value.





C'mon the recent dilution was a insurance policy for the shorts, the company sold us out for a decent price but essentially stole our upside and stuck it in the company cookie jar.