Really considering this play as extremely unsafe until all the give-aways are revealed. There are lots of other multi-bagger spec plays out there with comparably less risk, although all will have risk. After Sept 11 may (if a compromise is disclosed) be the time to make a move, only because it might be considered safer and consolidation should complete shortly afterwards. Every time this play has news that should bump it up, it just keeps trending down. If the deadline is extended, it likely extends the continuing downtrend. The technicals (if they can be considered an indicator) obviously show this downtrending, but the downtrend remains in the lower half of the BB which is an indication of significant more downside to come. It seems if Tenor got a third of our (commons) reward by providing a third of what Bondies have, then Bondies should get a bigger chunk of our reward than Tenor. Regardless, likely Bondies are on a pay-me-now (piece o' reward) or pay-me-later track (dilution warrants). But, logic never has worked with this play. Still in the camp that management, tenor and bondies are all in cahoots. Good luck to all in this play.