Amplitech Group Inc (AMPG)

[GlefdarLivermore]

3m vested warrants creating strong price resistance at .03?

Want to make sure I understand this from the last 10-q:

"On April 25, 2019, Wayne Homschek joined the Board of Directors as an independent Director who will aid in corporate strategy, financing and investor relations. He will be paid $5,000 per month for one year and receive a warrant, exercisable into 3,000,000 shares of common stock at an exercise price of $0.03 per share. As per the agreement, 1,500,000 warrants vest in six months and the remaining balance of 1,500,000 shall vest one year later."

That means the first half of the warrants vested October 2019, and the second half of the warrants vested in April 2020.

I guess we can't determine how many of the warrants have already been exercised but shouldn't we expect a lot of price resistance above .03 due to this? Or am I missing something. I'm a noob so maybe someone can explain the right way to interpret the situation.