I only sold out last week because i don't see this company going anywhere near term. If that's correct (it might be, it might not be), then based on the fact that i could have bought the expiring options even right up to today for 0.1c, why on earth would i pay more for the ones I paid 1c for? I can just wait and pick them up for 0.1c again if I'm right. 2026 gives them plenty more time to deliver nothing, which is what they've done thus far. This is nothing more than an underhanded credit raise, they could have simply extended the exercise date without the extra payment could they not (happy to be corrected if that's not the case).
Of course, if I'm wrong, that's OK too because I've got no heads left to sell to convert the options anyway.
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Ann: Options Offer to Existing Listed Option Holders, page-45
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