using oppies to gain leverage, page-46

I am sure that the company also has a their sights firmly on option conversion as a substantial funding source

More importantly for the directors, I'm sure they will be viewing the conversion of options from a personal perspective as they are large option holders.

They will want to make sure that it is worth their while to convert by that time, otherwise a large part of their compensation is worthless - although some of them do convert in Jan to EXMOA