cheif gpn issued gpnob that were only available to gpnoa holders at .002cents and ex price of 2cents and ex price of gpnoa was 3 cents. Nruoa only available to nruo holders with ex price of 20 cents and nruo was 25cents. Fwiw mco could issue mcoob to mcooa holders at 1cent and raise over $600k in a month and if mcoob was at 20cents it would be a win for everyone including mco. The only proviso is when they issued mcooa a couple of years ago was if they stipulated no new options to be issued for a certain period of time. Mcooa holders could pay the 1cent fee and get mcoob or sell on market before 31st december. No point issuing mccob at 30 or 40 cents exercisable in a couple of years time,these are challenging times and you have to be practical in raising capital. I'm sure they would be happy if 60 million options were exercised in 6 months time even at 18 cents the way things are now. We'll find out soon enough .Cheers and good trading.
MCO Price at posting:
15.2¢ Sentiment: None Disclosure: Held
