Once they've brought in the well and we're in December or so, why would the Warrant Shares at .40, which can't be exercised until August of 2012, depress the short term PPS?
I realize there will have been dilution, but it seems like we could still see .50 - .75 once they have an established flow rate.
Do you think there could be any amendment to the stock swap ratio, like 3:1 for AEXP - which would require further dilution?