AVLOA, page-22

This is too much fun, despite being a bit ridiculous. Probably needs to consolidate, but I still think the options at ZERO premium, now that we've got some breathing room, is a total joke. I know exactly which I'd rather be holding. Put it this way, any other company I can think of, with a year to go on the options, on this kind of run going into a BFS, has at least a .5c premium on top of the strike price. I'd say (IMHO) at 4c that makes the option worth @2c if I haven't been clear. AVL at 4c is WAY different to 3c and the options being so close to their strike price.

Wouldn't it have been nice for management to include those shareholders who'd been loyal to THEM when times weren't so good in that last raising rather than 180 who'd already smashed the price the year before?? But, those are the types of decisions you come across when you've been around the block a few times.