Could raise $2.2 M if all warrants are exercised. I believe over $100k was already raised via exercise. To be a profitable exercise this requires stock well above 0.70 so that owner pockets the difference. Somehow these things have a way of getting done.
You are right about no serious money at this time just mini-lloyd millers. I prefer under the radar. serious money comes in at much higher volume and prices. some have boasted about the magnitude of their holdings. others have no need to :)