Well, the nice part about the warrants, compared to the 2015, 5's, beyond the extra year (which I sure hope is overkill!!) is that they capture the profit from 2.40 to $5.00, albeit on a 1 warrant for .6 share ratio. So at .66 for the warrant, for examle, that would be $1.10, but they are in the money right now!
It will be interesting to see what the 2015 5's are priced at when they become available.