Iconoclast,

I doubt it. The unexercised warrant has a value. So for the holder to renounce that value, the SP has to go over 1.33 for it to makes sense.

The 2.05 warrant is currently valued at 0.30. A warrant holder in the same range wont convert at 1.43 to make 10c when the warrant is worth more than that.

To me, at this point the warrant incentive program makes no sense. We need new progress to make it a no-brainer for holders. On the 16th of December, no warrants were converted per financials. My guess is none are converted. Make sense, I would wait until the last day to convert. Free option why not take it.

Crossing my fingers that we get news early January to activate the whole thing. Maybe early announcement was a wink to holder to get their checkbook ready and budget that early exercise!

I got a bet with a friend that we see 2.85+ in January... Need help!

Very Prosperous 2020 to all!