The first part is correct, I agree. I do wonder where you are dreaming up this part from?... I have been looking for the details on the warrant and have not found anything that conclusively defines this information. It would be NICE if this is correct but until I see facts from legitimate sources, I don't know if this is correct. They may have 35MM shares Post RS. Plus the RS is effective, it isn't implemented yet but it is effective meaning the Issue of NEW shares to fill the WARRANT has probably happened.