The pearl that we should be able to request from RN would be that any new financing would be as a rights offering. This would mean that if we wanted to raise, say 30 mill @ 1.50 /share, they would set it up so that for every 6 shares you owned you would get to purchase 1 share for 1.50. This would allow every shareholder to purchase what he wanted. Any rights not exercised would be allocated to whomever offered to oversubscribe on an equal basis. This would be a payoff to the little retail holder as it would give them equal access to new financing compared to the big guys. This is not normally done as it is very time consuming for the company, compared to one placement with one of these funds, but it would show some appreciation for the effort put into winning this proxy thing.

Regards

K