5 yr warrants valuethe $3.00 unit (1 sh + 1 wrt) is really comprised of 1 sh @ $2.75 + 1 wrt @ $0.25 (approx.) So MMCAP can sell the shares down to $2.75 and still be happy holding $0.25 wrts. Fire Poet's damn finance dept. and stop issuing shares with Wrts.