iFlop Goldtooth® Enabled, page-54

You have got to be joking with this comment in italics from your post "From memory, these bonus option can be exercised at 4c+......it doesn't have to be exercised does it........so is it a CR?"

If they are not exercised that means the SP is still below 4 c at expiry. Simple as that. And yes I treat them as a CR because if exercised the money won't be donated to charity btw but will enter the books of XPE.

As to the bit about cash flow positive in your post - well I have been blabbering about this for months so glad you have got with the program that if XPE becomes cash flow positive the SP will head north. MOUs etc, whilst nice to have, are not what the market now wants - they want revenue and company becoming cash flow positive because potential and MOUs have seen shareholders burnt here (whilst management have rewarded themselves for those outcomes whether viewed rightly or wrongly by not taking a pay cut hence the SP been trashed with a CN) hence they will invest when revenue/profit can be demonstrated to be coming in through the door. And by demonstrated I am also referring to one of those MOUs becoming an iron clad contract with slated revenue/profit to come in as well within the next year to two years.