Mike---- I'm glad to hear that someone with your experience isn't concerned about the last PR. I must admit it kind of scared me somewhat.
I concur with your PPS and cash flow assesment. Hopefully, however, 3-6 months is all that is needed before another breakthrough is announced. I'm actually looking forward (to some degree) to the possiblilty of a lower PPS.
The previous dilution at .025 PPS was scary to some. My worry is that if the retail goes to .025 and more dilution is necessary, what will the restricted offer be? Less than .01? Hopefully, future dilution won't be a concern for longer than the near term.