,,RVXOT,,why would a shareholder sell their shares if exercised?....is it a requirement??,,,these warrants were not issued in tandem from PP share purchases....if in the money or even at the money they would be exercised,,,,my cost on these warrants is around .80,,,,add that to the $2.05,,,we have been immune to down pressure on this stock for over a decade,,,,,,I dont think exercising these warrants is a given and expected as a sell,,,,it should be the very opposite if this dog of a company can sell their Calgary Excitment into the market,,but that is a long shot and I agree with you,,,new shareholders will probably be few and far between based on passed and present performance as you point to.