Flsun, exactly. The revenues from any contracts can help pay off those warrants. Also a possibility, is they can get a loan (that won't mature until a later point) to pay off the warrant before Cornell can exercise them. They don't necessarily need cash in their Balance sheet to do this. Folks may ask who would lend them money to pay off the warrant and if so, it would be at a higher interest rate, but what if they get a letter of intent (loi) deal that's worth big and the loaning company wouldn't mind lending them that money. They use that money to pay off cornell avoiding dilution and have ample time to get the money to pay off the loan. I've seen it happens before (ie getting a new financial deal to pay off a maturing financing deal). if that were to happen, we would be one big happy family. i think with positive outlook of this company, I doubt that mgmt would allow dilution to the fullest and lose controling interest.
all imho.
