"And what if LRS officially accepts the agreement and says no they will be exercising 1 or 2 of the warrants"
You will have to clarify what you mean because LRS already accepted the BIO/Art agreement last December? The warrants are not specifically tied to the acceptance of the first machine, if that is what your thinking is?
They have years to decide if they wish to exercise the warrants? The shares must be in reserve in case they decide to exercise an option. The DEF 14 filed today covers that?
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