You don't I am keeping a running tally the PR around August 20th stated that there were 1.2 million shares left approximately. The number of warrant shares that can settle on a daily basis where total volume does not exceed $1million is about 15% of the total volume. By my calculations there were about 25k shares left after last Friday, so the last of the warrants should settle today more or less. The warrants basically just sell at the bid IMO) once news hits if there are no warrant shares to settle we should see much higher highs.
It's not just the warrants that longs should be worried about, VAPE management seems to issue a constant stream of convertible notes for both services and debt. These convertible notes are all toxic to the value of issued shares, and create a constant selling pressure when they are converted. Check out the latest 10-Q and search on convertible! Disclosure - short, scaling out as the price drops...
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