It looks to me like that is what has been going on for the last few days--S&L retiring many of the warrants--and I hope it is the company buying them back. I remember when they were getting them repriced in years past our sp would drop, but we would have a large volume almost everyday of the repricing. I guess that it is just to expensive at this point for many penny players to jump on the trading wagon--for that reason, it may take a lot longer for S&L to get rid of all of the warrants. I believe that they sold a lot of them after the announcements of each signing. Something else that is the same is that some of the old bashers that made themselves known during previous warrant reset time are back in full force right now. IMHO, the price has held a lot steadier than it did in the past which probably has a lot of the swing traders(and we know who they are)upset. If the Sony numbers are not in this next report our sp may suffer a little more unless we get something good from DP. I think it would be foolish to sell if the numbers don`t show up b/c there could be news at anytime AND the 1st qtr. is due in Oct.--just a few days in between reports. Good luck to you