Warrants Overvalved!!!, Better bet are the common Shares, Warrants are presently out of the money, strike price is .50 cents...and currently trading at .195 cents, while common shares are only .415 cents...they are NOT liquid enough for trading. Common shares are very very liquid trading and can be traded in and out daily, if one wants too. Warrants once bought can only be held and sold only when there is a big jump in price movement with high daily purchase volume. These are held tightly by the institutions that got into the private placements and are free to them and many will hold them much longer and they may even wait to exercise them at some point. Once exercised, that money goes to the company ( potentially 16MM$)and the shares are issued from the company treasury, bringing increased dilution....but can generate lots more cash quickly...my estimate is once share price hits .65 to .70 cents these warrants may ony hit .30 cents ...with extremely low volume ,making it harder for one to exist their position...think hard and long before buying these warrants today presently...there may be a better opportunity later on that makes these warrants a better bet to buy...not today!!!