I think when management exercises warrants that don't expire until next year and are out of the money it is a pretty significant message to shareholders and potential investors that it is a pretty safe bet. Kind of like drawing a line in the sand. Looking forward to more of the same.
And just for the record this in no way limits the disclosure of material events which I think is going to be what we need to propel the share price.
Whether they exercise prior to news or after the news they still pay the same price.
Thanks Tom.