RE:RE:RE:StrangeThe only reason I see is because cash from the exercise of warrants transaction goes into capital as opposed to open market where it goes back to us as the individual sellers.
IMHO, some of the best (caring about a company's vision) longterm holders and value investors will pay a premium through exercising warrants to maintain a company and protect their original investment through shoring up the operating cap.
In Mr. Froehlics case, he'd be supporting a continuing salary, but I am sure he also believes strongly in his company's potential products.
Yes, I know it sounds naive and counter-intuitive to some. I won't bore you more with the psychology behind it.... because you probably get it anyway.