Ann: Operational Update - Clean Energy Technology, page-97

They are going to need that money to keep flowing in until they can finally stand on their own 2 feet...
Voting no to the options cuts that flow off, so how will they get that money if the options are voted down?? SPP again??
Voting yes keeps that flow going if in the next 12 to 24 months they keep the share price up above 3.5 cents then those options get converted, with the incentive to do it in the next 12 month to get the bonus options. Then bonus options at 5 cents within 2 years...

Pretty sure they didn't just pull some figures out of their butt, they must be pretty confident that they can keep the share price at or above those levels..

My prediction is some well timed announcements and concerted effort by the team to get this share price moving upwards.

So will the options dilute, yes but only if we are on the way up... If we sit stagnant then they don't get converted so no issue until they have to raise that money another way...

Just my 2 cents on this. and again, I participated so let me have my options