Wednesday, September 17, 2014 2:57:40 PM
So if we are in the 0.15-0.20 range, odds are we have revenue. If we have revenue and expect it to continue to grow, why do you want them to exercise the warrant? No company truly wants warrants to be exercises.
Warrant is given like a bonus to entice the investor to give you money. That's why there is an expiration...expiration is there to protect the company. If its contingency....then why even do a warrant? There are other things you can do instead of a warrant to secure future capital.
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