You're making statements based on personal opinion not fact. The gov has the warrants, they are valid and they can exercise them if they choose to. It's not about what's right and wrong, rewarding theft, etc, etc. I get it all and agree they shouldn't as "the right thing to do", but I'm not naive given that we're talking about billions of dollars at stake. I'm very pro Trump and I could see him doing the right thing, but I could also see him structuring a deal where everyone benefits from the current share price including his admin.
I've read your calculations on pps before and believe me! I wish you were right as a fellow shareholder, but it's just plain ridiculous.