I'm no warrant holder, but I guess if I were, I wouldn't have to notify management in advance that and when I am going to exercise them. So any market pressure will come for them as a surprise, too. However, I wonder if they care at all. They should have better things to do than watching the share price, knowing it doesn't mean anything anyway for the time being. We are pre-revenue, aren't we?

They should rather continue to execute their strategy, focus on company targets and generate our first revenue. Only this or announcing a partnership with a highly visible name will move us to the next level.

By the way, we currently have 164 million issued shares and a fully-diluted share count of 230 million (or so). Do the math and you'll find out that 66 million warrants and options will be exercised sooner or later anyway and a good deal of news shares will hit the market – except they expire worthless, but for obvious reasons we shouldn't hope this will ever happen!