koo,,,,,,,,,,,one would not need to exercise all the warrants at once,,,disposition of a portion hopefully will fund the remaining warrants,,,,,depending on the common share pricing at the time of exercising of course might preclude all to be just a plain old non-issue!! Example;
Share price moves up to $10 while holding 10,000 warrants.
Exercise 1000 warrants, cash requirement ruffly $2050, and sell the shares for $10,000.
Exercise 4000 warrants, cash requirement $8200, sell shares for $40,000.
Rinse and repeat!