I believe it is the $10 options that have been holding us back, when we had a run to $25 mid April the supply came in, the following 3 weeks we had just under $1m worth of options converted. If you look at the Top 20 from March and compare to the AGM Top 20 you will see the guys from Evolution had 120,000 less shares. It wasn’t lost on me how WP had a top 3 in his presentation and told us they are not sellers, at number 4 is Evolution! My expectation is more of the same until we get some form of corporate transaction to blow through all those options. We will need reasonable volume as there are over 1.5m $10 options still to go, yes there are plenty of other options at various prices but I’m less concerned about those because of who owns them.
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