a level of confidence, page-5

about six million options exercised so far if my memory is correct. That leaves, what, twenty four million more? I would really prefer it if the underwriting was not required, as I have a feeling it would restrict the share price more than if option holders exercised.

$300,000 plus what is effectively a fall-back placement at 30c, MacQ would have to be happy with that and would probably risk it even if they had no knowledge of the flow rates. I would think they are just as in the dark as the rest of us, but look for heavy pre-emptive selling/buying next week to tell us if the results are good or not. Insiders always lead the way on GDN!