Almost certainly George is short selling stock. He exercised the warrants because he wanted to sell, not because he wanted to freely give away downside protection. If he really didn't get the shares and since he's no longer restricted from short selling by Rule 144, he would absolutely be selling.
If he did not receive the shares..then such should go to litigation via Delaware. The Company essentially voided the contract due to non delivery. That is if such went past the ten days. I don't know what to believe here. Just can not believe anything at this point due to all the inconsistencies.
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