RE:WarrantsThe warrants convert to about 12.1mm shares at $3.45 strike on or before August 2023. If an acquiror pays less than $3.45, then the warrants expire worthless. However, if an acquiror pays more than $3.45 (befor Aug 2023), then the 12.1mm automatically convert and are added (along with long term exec share based comp) to the current outstanding share count of 56.9mm shares and the acquiror pays on that fully diluted share count. I still think this thing gets taken out north of $4 which implies about a fully diluted 8x mulitple to Ebitda where competive businesses are trading north of 13x. It is insanely cheap at $2.25 right now and realize that about 60% of the current o/s shares are held by insiders so there is no real trade...and every acquiror doing due diligence on this rhing right now would be well aware of that dynamic so there is a real liklihood it gets taken out north of $4 imo.