Does anybody have experience trading warrants? I have be pondering the concept of trading these warrants on the open market and I can't help scratching my head.

Here is my confusion. I am the holder of executable warrants for $4 dollars. This means I have(in this case) until 2014 to buy those shares. I have laid out no(extra) money to hold the rights to buy those shares. Now why would anyone want to buy those shares from me today. For example if I hold 1000 warrant shares why would anyone want to buy them off me for $4,000 when they could have gone to the market today and bought over 3500 shares at even today's high of $1.13.

So unless somebody can set me straight, logic tells me that we are about to take a big jump in our stock price, otherwise listing these warrants seem to be a waste of time. Remember as the original holder of these warrants I have paid nothing, I am now asking someone to pay up front for the potential that NOT's share price is once again going over $4.