It will be interesting to see what Clarus I does the rest of this week. Now with AVNR total shares outstanding going from 99,413,649 to about 120,000,000, Clarus can hold their 5,445,061 warrants exercisable @ $1.43 and add another 12,000,000 shares @ $4.40, doubling their investment. To excercise their warrants they have to stay under 19.99% ownership.
Ralph