Hey guys, back from my week away on the beach with SBL and BWJ. We had a great time, a few drinks, got a lovely tan.
There are always going to be people that have issues with options. I'm of the opinion that yes, people actively involved with the company reaching goals and getting the SP moving should be rewarded in some way through options. I do not like those board members whom basically do jack to help the company SP and are simply on the board to pump up their CV.
My opinion is that 20c is too low, but not far from a decent value. It is going to be a hard enough task for the guys to get the SP back about 15c rather then to 20c. If they dropped the number of options to 1mill at 20c, or kept it at 1.5mill at say 25c then i'd probably be more accepting.
Anyway the A1 story is shot at the moment and has been for a while now, this quarter is their last roll of the dice IMO. If they can't hit Supergene simmons as they's said then it will be gameover for me and ill be exiting. Can't spend any more time beyond this quarter waiting for them to strike their targets and reduce costs AND produce some ongoing announcements. The duds have already gone back on their word of bringing a fresh approach and providing more regular correspondence.
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