Yep - bad move by MarathonToo big a dilution. Too many warrants, which are a 'tell' that deal isn't as strong and management isn't being careful with shareholder money. There's big problem here, the founders are now gone and the new CEO, who doesn't own any stock, nor has any of his money at stake, just gets greedy and lets the low-life bankers fleece him. And you, Mr. shareholder.
I agree stock is cheap and will double, but its no, at best, a "market preformer"
Plus all that dilution makes any buyout unlikely and less profitable.