dont think they can do anything with the options until they expire, but when expired they are able to relist them again & even change the strike price subject to shareholder approval, giving holders the oppertunity to buy them back usualy done at .001 or around that price.
Options being so worthless atm, holders are better off holding & demand the company re issues them with a better strike price.
Its up to the company, looking at todays placement they dont seem to give a stuff about holders so would not be surprising if they refuse to re issue the options once expired.
I dont even hold & todays news pisses me off, incompitent sums up this board.
CVI Price at posting:
1.3¢ Sentiment: None Disclosure: Not Held
