I share those same thoughts and would add this about timing the release of material information.
We believe (at least I do) that senior management is moving nicely along their 'roadmap' to commercialization. I think its fair to say that in the context of the roadmap there are a tremendous number of moving parts, deals, agreeements, negotiations and the like.
And with each moving part there are usually a few critical events which determine that the event becomes material and warrants a NR. We all should know by now that anything in between those critical events is subject to some subjectiveness and may not be material in the eyes of management although some here might think otherwise.
Given that materiality is somewhat subjective, it could very well be that management is making an attempt to manage the exercise of the February warrants and if they are, then it would seem quite reasonable to believe that the resultant cash flow from those warrants pales in comparison to the value of some of the 'moving parts' that are in progress.
More than anything else at this point, the February 16th date has me intrigued. There is a strategy, we're just not privy to it....... yet!