Good post. Personally, I can't see anything on the horizon to...

Good post. Personally, I can't see anything on the horizon to get options up to their 6 cent exercise value, but, as you say, there is always something that could happen. I don't believe that there is any deal that will happen. I have been wrong many times before

At this point (7 weeks from the option deadline) assuming the options will not be at 6 cents, selling the options does make some sense. Whether you take a longer term view and re-invest those funds into heads is up to the individual.

Heads are down to 1.8 cents this morning so maybe a bit of added value. However, just because an stock is low priced, it does not mean that stock is cheap. There has to be some value in the stock and maybe waiting a bit longer to see if that value occurs is a better option and holding back the funds can have some advantages.