BioNitrogen Holdings Corp. (BIONQ)

[dutchf]

Dave, I think we should always be concerned about dilution that does not benefit the shareholders. If, in this case, adding G Copley to the BOD cost us some options with a strike price above where we are, it would probably benefit us greatly. There would be a big incentive for him to use his resources to move the company forward in a time period in advance of the strike date. I have a feeling that we will be seeing much more transparency with this latest move.