RE:WarrantsDefinitely had to mull it over a lot. Between throwing my hands up and giving up, or piling on as much as possible at a discounted rate (oversubscribing) or trading to buy more rights, or selling my own rights there have been so many options all of which make some sense.
Ultimately, I went with what fundamentally got me into this to begin with, which is that I believed the technology, that I believed there's a market, and I believed it's a risky, but worthwhile venture. So I put the order to exercise my existing rights, and oversubscribe a little bit if warrants are left over. Yes, it feels a bit like throwing good money after bad, but that's just because my current 70%+ loss showing is based on what I believe is severely undervalued.
Either the management is completely and absolutely inept, or they are total scammers, or things will work out and we just have to be patient. I can't see hiring and blowing money monthly to Howard Group, or bringing on Directors, or hiring Engineering firm to buy equipment, or raising funds through a shareholder riot as a particularly good way to scam...it would be less transparent than that. So the options left are incompetence, or success. They seem to be trying to right the ship, and hopefully the first half of the year will show some signs of success.