Barbu,

I have to disagree with your post. The options were issued to management to create shareholder value over a certain period of time. If they did, they could have exercised and no one would be complaining. However, they did not and shareholders should not be further diluted by the 2010 warrants being extended. Instead the 2010 options should have expired and management could have issued 2011 options. Instead we risk being diluted twice.

I am not a fan of getting diluted when no value has been created.

Cheers,

Camper