Will the .75 warrants get into the money?
That would depend on what news is generated between then and now and/or whether Vivek can get Wall Street to buy based on what this platform is. Consider where the share price was based on expectations of what the GaAs platform could potentially deliver compared to what the Optical Interposer's proven capabilities are. And those capabilities have been proven with statistically relevant results.
In other words it is very real and is a breakthrough technology in an industry that is massive. A few key investors are all it would take and someone is going to take the lead.