Are you really that simple 2guys that you would make an argument that completely defeats your logic?

You said: Why in the world would any investor keep holding a high risk company's shares, when they could sell, exercise warrants and keep their original investment in their pocket?

Exactly!!! Why would they? They would not unless they had confidence that the share price was going higher and that there would be buyers.

This is my last response on this subject. The concept is very simple to understand.  I don’t know whether you are that simple that you fail to connect the dots or whether you believe if you say it enough times that someone will believe you?