BioNitrogen Holdings Corp. (BIONQ)

[dutchf]

For everyone's reading pleasure, I have an opinion that I would like to throw out. I think that all or most of the warrants either have been or will be exercised by now or tomorrow. That does not mean further dilution as those shares would have already been counted in the share count. Also, it might be a positive in that I assume those holding the warrants would be considered insiders meaning they could not buy the same shares on the open mkt without registering. If they are exercising it is easy to assume they have knowledge of what is going on with BION. Looking at the buy/sell action today leads me to believe that this spring is wound fairly tight and news will bring on much more buying. I feel the only thing holding back the move now is the release of news (EPC, BONDS ETC). Getting close--------GLTA