How about $2 a share with $3 warrants. 50 million shares pay off the bondholders and the 25 million warrants can replace the 35 million warrants that expire in June. Net of only 35 million added to the fully diluted.

Well, that can go into private placement...

The exclusive $0.12/share + 1/2 warrant is for rewarding existing shareholders, and punish sharesellers. I feel like the customer that the shopkeeper always say is thier favorite but then offer another a better deal. Well this will be the last sale and I want to see the best bargain, for the "bag holders".