I think I am going to exercise my remaining warrants in the next few weeks. I did the TO last year for all my warrants but got two more batches by extending a note and buying shares in November. Seems imprudent on one hand to expose capital risk when I have almost 5 years. But I cannot vote my warrants. If I have shares I can vote no on a buyout. And of course might be closer to long term gain if I am in the minority on such a vote, if it were to occur. I would never exercise to sell.
I built a position over a couple years and sold maybe 20 percent on the up swing. Then bought part of it back on that dip to $1 and again to 80 cents. I feel like a weenie for knocking my position down a bit. Hope to regret that.
Good luck to all you smart people posting on this board.