You said, "90.2 million shares fully diluted".
Turn to page 41 of the 10K for December 31, 2012:
The last line"65,881,122" shares outstanding as of 12/31/2012, which if you scroll up, assumes all of the warrants get converted.
But anyway, thanks for trying to help me get cheaper shares to add. Still waiting for amateurs to create a better sale price to add to my position.
cash injection via the warrant conversion will satisfy needs probably through mid 2014. Can't see why 90% of holders wont convert.. Seems like the the downswing over last few days had do with more shares hitting the liquid market via Conversion Transfer.