to get the .15 and .20 wts exercised earily. I proposed this to John about 2 months ago.... What I suggested is that they make the new bonus wts a tradable wt....

IE.... WEL.wt which could trade on the market and would command a value... I would make them a 5 year wt with escalating price each year.... IE 30 first, .40 2nd, 50 in the 3rd etc

There are potentially 20 million wts that could be exercised and thus potentially 10 MM tradeable wts... a float large enough to trade properly.

Potentially this could provide the company with an additional $3.5 million AND.... and this is a big AND .... it would be positive for those that have supported the company over the past couple years.

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Firestone gets warrant incentive program approval

2010-02-18 08:12 ET - News Release

Ms. Lori Walton reports

FIRESTONE VENTURES INC. ANNOUNCES WARRANT INCENTIVE PROGRAM APPROVAL

Firestone Ventures Inc. has received conditional acceptance of the TSX Venture Exchange for its previously announced (see news in Stockwatch Feb. 8, 2010) warrant incentive program to encourage the early exercise of 13.5 million warrants issued on June 19, 2009.

A formal notice with detailed instructions will be mailed to each holder of the June, 2009, warrants on Feb. 18, 2010.

The holders of June, 2009, warrants who choose to exercise their June, 2009, warrants within a 10-trading day period commencing on Feb. 19, 2010, and ending on March 4, 2010, will receive, in addition to the common share they would otherwise receive under the June, 2009, warrants, an additional one-half of one warrant. Each 2010 warrant will entitle the holder to acquire one common share of Firestone at a price of 20 cents per share for a period of 12 months from the date of issuance. The 2010 warrants, and the common shares issuable upon the exercise thereof, will be subject to a four-month hold period.

For holders who do not exercise their June, 2009, warrants during the incentive period, their June, 2009, warrants will continue to be exercisable in accordance with their original terms, namely at an exercise price of 15 cents to acquire one common share of Firestone for each June, 2009, warrant held until June 19, 2011.

We seek Safe Harbor.