history never repeats:or does it, page-12

re: glen moulton The $8,136,637 you claim dazza and domo get is actualy income to ARH as it is written into the acccounts as an expense but then put into a reserve account. When dazza and domo exercise the option which will be around $1.20 per share that money is put into ARH bank account and ARH has just raised $8,136,637 through the conversion of options. The only time dazza and domo get any financial benefit is if the share price rises above $1.20 the strike price and the options are termed as being in the money. At the moment if the shares traded above $1.20 post consolidation we will all be very happy.