Flubadub, this also answers my question as to why they went to two conferences to present to institutions. They don't need the $12m going forward for current operations. They said they'd be cash flow even in Q1 and positive in Q2. $12 mil will buy a lot. I got to read the SEC filing when it comes out, but I think the current warrants at $3.25 are not part of this. They expire in mid April. They would bring in another M$3,000,000 if exercised. Plus, it looks like warrants have been being exercised and sold. Notice on the iHub chart on the right of this message. The green mixed the the bars I believe are pre arranged trades with warrant exercises and sales to another. Warrants exercised and held do not show at all on the trading tape. So, even more money is coming in that the $12M. The last trade of the day was 10,000 shares, the bar is red and green. I am not an expert at some of what I am saying, but those 4PM trades below the previous trade could be prearranged warrant exercises and sales of the stock?
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