Nice math Hawky,lol!st Tranche = $1,000,000 @ .25 = 4.000,000 + 4,000,000 = 8,000,000 shares and warrants
2nd Tranche = $ 1,500,000 @ .25 = 6,000,000 + 6,000,000 = 12,000,000 shares and warrants
Thats a difference of 50% NOT 300%
Then theres the fact that you have 2 yrs to exercise your warrants so thats not an issue.
And lastly if the only thing left to hang your hat on is that you think the Insiders are gonna sell...WELL THAN GOOD LUCK...:)