Agree, and the float is super low here. You can tell from the OTC Markets count, it's updated every day. I also emailed IR yesterday about the volume and here was response:
They are trading at a huge discount to Blackbaud and Tyler, they will get noticed for the cheap valuation here. Warrants should not be under $0.50, let alone $1 imo. I bought commons and warrants at higher prices than these but it's a very long term hold so I am good.
Here is the valuations again on the KLDI/KLDIW, if you see KLDI being over $12 in the next few years than the warrants should not be under $0.50.