Snackman - the options being excercised will depend on the stock price. If it doesn't get above $1 in the next couple of months, no exercise will be done. That will make us a bit short of cash again barring any additional stock sale.
Interesting bid/ask right now 0.83/0.89.
To me, that is a "so what" reaction. That can be good. Our goal should be to get just above $1.