LINK TO DEFERRED TAXES INCLUDING DERIVATIVE LIABILITY
Right, well directly below is a link in which you can see in line 4, section (b) that the LOSS ON DERIVATIVE is now $8.6 million, whereas last year, it was a gain of 81 THOUSAND. This means that the derivative loss IS directly utilized for deferred taxes.
Furthermore, the post about outstanding shares is alarmingly misleading. The institutional holdings are directly below in this link. The total amount held is 12,210,200 shares. The O/S is 19,334,921. That translates into 63% of O/S held by insiders.