The key here is this is all non dilution and will increase the coffers with the purchase money. All be it Peter is paying Paul and they are one in the same. LOL
The initial 2.24 million covers voting(ownership) of NTI(licensor) immediately. This puts NTI(licensor) at 2.7 million series B preferred shares. This is equivalent to 1.35 billion votes.
As for the purchase warrants, several of us think it has to do with % ownership with future or current large partners.