I find it amusing for people to call for warrant holders to exercise theirs and hold for the good of the company. I don't have a huge number, but it would still cost me $75,000 out of pocket to exercise today when I have +/-3 years before they expire. If I'm of the mindset to put another $75k into CYDY, I am MUCH better off just buying another 25,000 shares on the open market. If there is a buyout within a year, yes, I would owe 37% taxes instead of 20% LT Capital Gains, but the after tax value of additional shares more than covers the 17% tax rate differential on the warrants I hold. Pretty simple math, and I don't apologize for not "taking one for the team".