88EO options, page-147

There is a little confusion in your question. Note that market price, buy-in price and strike price are three unrelated prices.

Up until 2nd March 2018, your option has a realisable value determined by the market price. These options are bought and sold as any regular share would be - the ticker is 88EO. They are currently trading at 0.028, so if you bought them at 0.002, then you are already sitting on a 14 bagger return and every pip change in the price of these options will have a 'half-bag' impact on your return.

Well done!!

Now, these options can also be converted to heads. This can be done at any time until the expiry date of 2nd March 2018. You will be required to initiate the conversion action as they do not automatically convert. If you fail to convert by this date then your options become worthless. To convert, you fill in the form that you should have received when you purchased the options. If you no longer have this form, you can simply contact the company share registry and get a new form. The process of conversion requires you to complete and submit the form along with payment of 0.02 per option, which is of course the 2c strike price.

When you complete the conversion - and you will know this as your holdings will reflect the change - you now have heads trading as 88E for an effective buy-in price of 0.022. Your capital gains tax clock is reset to this date.