How about you follow through on you suggestion .... Give John a call and tell him your willing to throw a couple hundred K at WEL at say .25..... have your investment in 4 month hold .... and buy the way tell him that you don't need warrants.... You don't like the dillution. Then see if you can line up another $3 million on those terms.... If you can pull that off I will gladly watch my wts expire or get used.... but I will be selling shares to do it.

Going to be a hard push to get over the .15 cent wt overhang and then right behind it is the .20 paper.... At least with wt exercise there are no additional wts and no finder fees.... the cash just comes straight through to WEL with no incumberances.

This is not rocket science... you don't bite the hand that feeds you.....!

If you want this stock to move in the next 5 months, then you need the wt overhang to be resolved... otherwise it is not going far untill all those wts expire..... thus if the company needs more money it will be raising it here anyway.... It is a no win scenario to do nothing.

JMHO