Well, at least they gave it two more days. Don't think it helps though. It would cost me more in commission to sell the warrants than I would gain, and who would commit to buying a stock at 1.10 when it can't stay above a 1.00 and we have no actionable PR from management? I think a lot of people were waiting to see at least some hint of upward movement or PR that might justify the risk, but nothing. Better just to hold what I have, rather than buy more. Yeah, I'll get diluted but If something drives it up (which would be the same justification for buying underwater at a 1.10 commitment), I'm still good, but why risk the downside when the co. has given nothing to go on to expect any near-term or even mid-term gain? I don't think this is how warrants are supposed to work. I think they messed up their timing with PR and warrant offering.
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