I just love hypotheticals that have no basis in reality.
Value is in the eye of the buyer. I personally would value such a warrant at .03 at this particular date, but would likely be willing to pay as much.05 each.
I just got back into HMBL and FORW because I see the value of both companies. I believe that this stock will be worth multiples of the strike price within the next 3 months. Getting warrants at even .05 would be a great bet for me personally. Little risk for a large potential reward.