exercise 20cents. buy now for 11cents if lucky only 16million of them tightly held.
But a better buy.
The shares are 25cents .say you pay the offer of 12.5cents for options.
With $25,000 you can buy 100,000 shares or 200,000 options.Say the shares go to 50 cents.
The option is worth 30 cents .So the shares are worth 50,000.00 and the options $60,000.00.
More leverage in the options and with 2.5 years to go are a better bet.Not many around though.Tightly held.
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