huggums, I think I've seen them on OTC stocks, but can't recall which ones. I think they are usually part of equity financing or loans and generally not traded on the open market. Maybe others can provide more info. This is the "OTHER" board so I think we're OK with the topic on OTC warrants!!!!
Cash is King until further notice!!!
My comments on companies are usually my opinion of long term success (years). The PPS may go up or down greatly in the meantime depending on the number of greedy suckers with money.