The increased float is due to a long-time restricted shareholder deciding to convert them to tradeable shares. The company has no legal right to prevent it.
There are members of this board who own 5-10 million warrant shares. They have no plans to convert them this year as far as I know.
The increase in shares is what a lot of pinkies trade in a day.
"I make a point of staying right at the edge of poverty. I don't have a pair of pants without a hole in them, and the only pair of boots I have are on my feet. I don't mess around with unnecessary stuff, so I don't need much money. I believe it's meant to