watch this space, page-14

re: acquisition of gpen -t4p Rogues Trade...

lol...options are just 1c!!!

From memory, they were specifically issued with the GPen acquisition in mind.

I am trying to find my old notes on this one...seems I was once of the view that the company might try to encourage option holders to convert early?

Not sure how I came to that conclusion...I know I have spoken with them in the past, but I seem to have lost my notes.

I remember coming to the conclusion they needed about $5m for the purchase and re-capitalisation of the company in the event of the GPen acquisition...but once again, I cannot find how or where I arrived at these figures.

Interestingly, they have 500m 1c options...$5m!!!

I also remember determining that just three larger clients (total of 1m accounts) should result in profits to the company of about $5m annually...but once again, I cannot find my calculations showing how I arrived at that those figures...in particular, I cannot find where (or who) I got the income stream figures from.

Friggin annoyed to say the least...one should never NEVERNEVER!...stuff always gets lost!

I will keep looking...it's a little red and yellow text book...you know, the ones kids use for school...it has the letter "M" on the front in big black ink!

Have you seen it?

Cheers!