1 year investment, page-20

At the start of this thread PF kept mentioning the stock price was just 3.5c when the negotiations were taking place. He failed to mention that the low price of 3.5c was on one day only in April, the rest of the time the share price was above this including days plural when the SP was above 4c. The prior 2 months the SP was in the 4-5c range mostly.
In fact PF decided to choose the one lowest day of trading to show the 5c options were cheap when negotiations were occurring, when the facts for anyone that wants to check are obvious on any chart.

I personally would have taken $100k of that deal if there were only 200k of cheap options per $100k as well as the 15% , conversion rights etc. I'm sure there were many more who would have done likewise.
What sticks in my throat is the "friends and relatives of the chairman" bit. Who needs friends like these?
The 50m options IS NOT A DEAL.

It is ONLY a deal if shareholders pass it.
Vote NO and lets raise the money from share holders via a 50m 10c issue instead. It's only $4m we need to cover, done easily and put in hands that are likely to hold instead of dump.
A raising of $5-7m should have been one of the motions for the GM, as a back up for killing off the 50m options.