Totally agree. My point was simply, if you didn't wish to waste the options initial investment. Exercising them, could have been turned into a profit.
Full disclosure, I did buy more heads. Could have sold at the $.19. An didn't. Options are far riskier in penny stocks. Due to the expiry. I think knowing that (which all do), buying them and then crying about it not working out is silly. Not what someone in their right mind would do either.
Ann: Application for quotation of securities - EUR, page-28
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