From the beginning , these warrants appeared to serve two equally important purposes, compensation and maintaining a cash position. If some of you recall ..the .038 was derived from one of the closing prices, that's all it is.
With an exercise price of .038 , the company recieves 380k dollars for every 10M sold.
I'm going to bet my eggs on the chicken and say some sort of news is coming...the shares will not be put to waste at these levels.
As always , this is only an opinion
Good night