ICGOB Options - Are you converting them?, page-4

Byron
these OBs have cost me nothing, zip, Yada, zero dollars! I am at a loss trying to understand how they have a useless value. I am assuming you bought your entitlement to OBs through a capital raises they have cost you nothing. At the present time the OBs you have are well and truly in the money! Current cost of Inca shares 14 cents, minus the dollar value you paid per share, 0 cents, plus cost of OB conversion = 9 cents. 14 - 9 = 5 cents profit per share! I am not clever and I may be missing something here - please enlighten me cos I feel as if I am a bit of a dumb ass with your post. What am I missing here?

Beach