Warrants- Am I wrong? (likely) But I think what CFO MM was simply saying about the warrants is that on uplifting all warrants are exercised in a cashless conversion providing nice bump to the balance sheet at that time. So that is an immediate cash benefit to uplifting for CYDY. How that works for warrant holders in terms of taxation is an interesting question. I would assume there are stipulations that such a forced exercise is not a taxable event and stockholder basis would be the % of warrant price/SP at time of uplift.