Good idea, if i sell all my shares today $0.12 (take about 400% loss). I can buy double my same position back in the Private placement at $0.05 this fall plus have probably 50% warrants on it. Then in 3 months I can sell all my shares at hopefully $0.05 for no more loss and have a warrants for my original position at $0.10 that expire in 12-24 months.

This sounds very tempting, I don't see a downside here? Am I missing something?