Ann: RIGHTS ISSUE OVERSUBSCRIBED, page-160

But not if the heads was at 20 cents?
With my experience with options the cost of the options rise with the share price because the options are worth more value when the share price rises.
i currently hold other options which I bought 500000 options at .0007 at a exercise price of .03, valid till 2023
the heads price is now .067 and the options price now is .042 and my initial cost of the options has gone up 500 percent.
my heads hasn't multiplied by that much.
previously the share price was double that and my options was sitting at 1000 percent increase. people were buying the heads because they had a .03 discount with the upfront payment.
that's what I was trying to explain