08/12/2023 07:19 PM Post # 118095 of 118123 No he couldn’t. The stock would have been restricted and the S-1 used to register it didn’t go effective until well after the share price had dropped below the exercise price.
Might be hard for you to understand. Take a few minutes. I gave you the answer, you might not be smart enough to connect the dots. Holding the warrants is a "get out of jail free" card. Shorting penny stocks is risky unless you have toxic financing or hold 125 mil warrants that are so deep in the money that you cannot lose regardless of what the stock price does.