Out of the money options are always priced far away from the current market even when those options expire in 3-6 months.
These warrants don’t expire for 5 years and you don’t have to buy the warrants at all.
Not to mention, what do you think would happen to the share price if current shareholders tried to purchase millions of shares at three cents all at the same time?
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.