This huge amount of warrant overhang would need buyers, much more as last time. Otherwise they would never get near to a SP required for NAS. After last week I am very careful and unfortunately tired of any overoptimistic speculation. Since I still "feel" how hard I have been grounded after many years of optimistic thoughts which not came true at least a bit. Here we are back again to a SP of 2012. Unfortunately for all shareholders. The first deal and a good portion of NRE and the finished VCSEL might have brought us to NAS as well, without diluting shareholders by 30%. Was it worth it? I don't know. Let's see what really transpires out of all of that.