I would have never let Schwartz convert warrants. I would have made a different deal with him to not do so and let the value of my company suffer
The share price is a reflection of total perceived value divided by
shares outstanding. What the heck does converting the warrants have anythinfg to
to with the number of shares. They exist in the dilution whetehr converted or
not. And JT did at some point prevent some converiosn by buying back the warrants rather than allow S/L to sump on market and he did teh last batch at a low price and immediately afterwards came into tehmkt himslef and bought more shares at 43 cents. Perhaps had he been a SAVY wall streeter S/L would have been more on guard and not sold at 43
The more you post the less sense you seem to make