Consultant Warrant On February 16, 2022, the Comp

Quote:

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Consultant Warrant
On February 16, 2022, the Company issued to a third-party consultant as consideration for services a warrant (the “Consultant Warrant”) to purchase 25,000 shares of Common Stock at an exercise price of $1.04 per share and with a term expiring on December 6, 2031. The Consultant Warrant is fully exercisable as to 15,000 shares, and will become exercisable as to the remaining 10,000 shares beginning December 6, 2022, subject to forfeiture if the consultant ceases to provide services to the Company prior to that date.
Except as described above, the terms of the Consultant Warrant are substantially similar to those set forth in the form of consultant warrant filed as Exhibit 4.4 to the Company’s Current Report on Form 8-K filed on June 22, 2017; the foregoing summary is subject to, and qualified in its entirety by, such document. The Company relied on the exemption from registration afforded by Section 4(a)(2) of the Securities Act in connection with the issuance of the Consultant Warrant.

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That Consultant must either be pretty dumb or pretty smart. Why would a Consultant take Warrants at $1.04 per share at the current price, unless the Consultant knew the price would be going up? Who is this Consultant? This may be the most overlooked part of this 8K.