Biostax Corp (BTAX)

[tjguy]

Really?

I think the reason we are hovering at .05 is because we have outstanding warrants for 11,500,000 shares with exercise price of .05. We wont see anything above .05 until these shares are all exercised. There hasn't been nearly enough volume recently for them to be able to convert.

If I were a warrant holder, I would NOT exercise my warrants if the price was just $0.05! I would wait until the stock price had appreciated significantly above that price. I don't follow your reasoning.