FJ, that net amount is quite consistent or atleast very close to the oustanding amount of compensation warrants disclosed from the most recent f/s. Is it quite possible that Cannaccord held all of those warrants and simply exercised and then sold into the market to capture the profits of about $0.60 per share or so. This would perhaps seem more likely than exercising on options which was talked about over the last two or three weeks. A brokerage house would more than likely want to capture that profit and not want to hold in speculation of what might be?

Just my opinion though.