Good points! Thanks for following up with that. I thought that was the case with $TTNP.
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TTNP my read Sheff is this adds to their shareholder equity as needed to satisfy their Nasdaq up listing requirements .... They owe Deerfield 10 million I believe so exercising by applying exercise price towards debt increases shareholder equity...Imo this is leading into TTNP's public statement about up listing onto Nasdaq & will accelerate this process... I talked to CEO & was a major goal for early 2013