RE: Thats 7,000,000 shares so far this yearThe March 15th warrants strike price is $.30......so you're right, the share price will either remain below that until those expire or, possibly, the price could move slightly above $.30 in order to have those exercised which in essence gets the company further financed without the cap of a warrant along with it. I'm not expecting that....but it is a possibility. It still seems like common sense to me that a substantial portion of these $.10 warrants will not have to be sold to be paid for but they are probably generating a waterfall effect for other sellers that don't understand what is happening.
One thing is for sure.....these buyers are NOT punters!
Gryphon