Visser warrants are a very minor issue at this point. If I remember correctly, they represent 18 million shares out of a total 885 million...its 2 percent so if he sells before the Summer deadline, it will create a blip in volume and depress the price for a few days. When he exercises, he has to invest $3-$4 million to buy something worth less than 5 million...If I were him, I'd hang onto the stock in which case the only effect would be to increase outstanding shares by 18 million.
If your question relates to whether LQMT should have granted him the warrants...it was a non-cash way to make him go away which was probably a good idea at the time.
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