The units are going to crate so much dilution basically increasing the current o/s by 75X. There is barely enough volume to support the float as is. When hundreds of millions of new shares hit the market this will be sub penny in the blink of and eye and then all those shares will be toilet paper...
not sure why everyone isn't jumping all over this... the warrant is worth 64 shares at 120% of closing price on the closing day of the offer.... so if price closes at 0.25 then exercised warrant will cost 0.55
now if this is established prior to r/s the 64 shares will be a bargain.