Anytime CPST registers a block of shares, there is never an answer. They are only registered, not issued for sale.
In the years past, when CPST had very poor margins reported as yet, the block of shares registered were held for several years before actually being completed. Some of those warrants are still not exercized; some were not exercized and returned to CPST's holdings.
So far approx. 36 million shares of the 100 Million registration have been issued recently. If margins go positive and revenues and cost go as we want them, there will hopefully be less need for secondary offerings.
All in all, those registered shares that remain are just "money in the checking account" sittting there without a reason to spend them. It is not a hammer hanging over our heads, in my point of view, imho.
