Capital Raise Discussion, page-42

anyone can do the basic math. sell your shares and buy 4 times as many options at an estimate of 7 cents. your upside for a two year expiry is everything above 40 cents .. less the twelve cents you could have made holding the shares if they move from 28 cents up to 40 cents. So your total downside risk is now 7 cents instead of the potential full loss of 28 cents. Your upside is that you have four times as many options as you did shares. The options will trade for 7 - 8 cents in my strongest opinion - maybe a little more. This is a complete fleecing ..