Yes, well, many here thought the first extension indicated a level of confidence that was unfounded.
I am against these extensions; what if some of the other warrant holders are not in the money in the future and the holders ask for an extension? They could decide to sue the company based on recent history.
It's a very slippery slope the company has put themselves on and although I do agree with some of your reasoning, I still find it insufficient and troubling.
The word "final" to me sounds like "soon".