RVNC’s fully-diluted* share count as of 3/6/17 (the date of the latest slide set: #msg-129276089) is 32.6M. This consists of 29.3M basic shares and 3.3M options/warrants.
*Non-treasury method.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”