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For newcomers all those warrant shares expired in that big financing back in 2009 on November 25 but as you can see from Gina's post the funds still held some/most/all of their original shares the day of expiry of the warrants. Some funds have sold since but all still have share positions.
These shares by mutual funds/Luna were bought at .15 with all warrants expired. The money was used to help build the current production company, and if you note secured a large financing AFTER the market crash of 2007/2008. The reported proceeds from that financing was $12,428,994.
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