i have posted before regarding this,
They can NOT extend them as far as i have been told.
BUT,
They are aware of what is called, "placement options" that is used under these circumstances, where effectively, every option can be replaced, at price of .001, to cover the cost of the issue, at a 1 for 1 for every option held.
and i can add, that this can occur, after the expirey, so, the placement can occur and resurect based on holdings at the expirey date.
It is not a give, but the directors are fully aware of it, and at some point will make a decision.
If you are an option holder, i believe, that there are valid grounds to support the placement, ie, the unexpected time in pergatory for all stake holders, while we have been waiting for renewals, and further, this court case.
In fact, the placement, should look to extend the expirey date by the time we have been handicapped, say 12m.
cheers
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