I read this debate and I see NoMoDo is getting beaten up but he's technically right. George Sharp's warrants still do have value even out of the money and even though they're not tradeable.
That also speaks to why George was exercising his warrants early rather than waiting until near the warrant expiration of Dec 3, 2022. George was exercising well before expiration only because he wanted to sell his shares. Otherwise why take on extra risk of owning the shares? So maybe a person could say that George doesn't value the remaining time value of his warrants more than he values getting the cash now because he doesn't have very much confidence in Humbl's future.
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