No one said anything about $0.45 warrants!!! Try reading very slowly!!!
instead of buying an equal number of shares on the open market for $0.45 or a 31% discount from the warrant price. That was @$0.65 that you wanted to convert!!! 3,964,000 remember!!
If you still do not understand. I cannot help you. Your idea was to throw away about $730,000 dollars coverting warrants instead of just buying the same amount ON THE OPEN MARKET!!! NO MENTION OF ANY $0.45 WARRANTS!!
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.