"I think Herb means 'exercice' the warrants..."

Sure. But this is the same as buying the shares. It is only an upside if the current sp is HIGHER than the warrant exercise price. I can see one other benefit.... if you have, say, 1 million warrants, it would be difficult to buy 1 million shares of GNH right now on the open market without driving the price to the moon, so that would be a good reason to exercise your warrants at a price higher than the current sp. OR if you want to financialy support the company. Otherwise... I see no benefit. I'd love for someone to point out any flaws in my logic though. I have to make this decision soon as well.

Cheers,

~snezzer