Don't think we'll need any shares in 2014. If you're referring to the warrants issued as the bond kicker, two thoughts:
1) They won't be anywhere near $5; they'll have to be near market price at the time the deal is struck 2) Good news is that the warrants' dollar value will equal perhaps 1/4 the bond value. So, if $15M bond, than $3.75M worth of warrants, vs. $15M of stock in a straight equity transation.
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