narmac - The warrant was used as a sweatener to induce potential investors to participate in that secondary offering. Those that believed they were getting a good deal by participating did, myself included. Everyone who participated in that financing had the opportunity to sell those warrants on the open market for something more than $.01 and would have made some additional free money. If you participated in the financing, got the warrants and didn't sell them, then at this time you have given up the profit that this sweatener provided up to this point, myself included. 

sidebar is correct, the warrants are a gamble with a diffinitive end date. If you bought warrants on the open market, well that was a gamble with increased risk. You knew in advance that there was an end date and that these financial instruments could expire worthless if the share price did not support a higher price than what you purchased them for in the first place, prior to that end date. The company's focus should remain on closing the partnership which should resolve all of our issues.

The good news is that we have not gotten to the end of the expiry date yet so we still have 4 1/2 months or so to see the light of day on these warrants.

tada