If you look at the price now the warrants are useless. The price with better news will go up in value, lest say $4, well you then can buy the stock at $3 and you have a paper profit of $1. You can sell or hold for a higher price. The first 6 mos. you can exercise at $3 after June it will be $3.50. I am not a big lover of this stock but I have held, I now have 12,000 shares that will be 24,000 with the warrants, if I excercise.