"...Can you imagine ECU not being at least a double in 6 months ( I expect a 5 to ten bagger)...."

Hmmm... a ten bagger... Well, if the shares go to $6.50, then those new warrants would trade at around $5.50... With the market pricing them at around a nickel right now, that would make the warrants a hundred bagger. Of course, they might also expire worthless, as warrants often do. But one can dream, can't one?