Shareholders will scream "not more dilution" but I think this...

Shareholders will scream "not more dilution" but I think this issue is brilliantly orchestrated by management

Foster Stockbroking are going to pay Alexium $1,500,000 for providing services to Alexium on conversion of options, how often do you see that. ( Fosters get nothing for their work if AJX do not succeed - huge vote of confidence )
Normally small cap companies issue shares not options for services rendered and considering Alexiums large cash position ($13 million) for small dilution I am more than happy pop another $1.5 mil in the bank on conversion.

EAS got their options much cheaper at $0.13c but the share price was 15c at placement time to US Investors in November when they were wheeling and dealing and good luck to them as they helped rocket the share price from 15c to 80c. But once again EAS are paying Alexium $225,000 for the privilege.

I am sure both Foster Stockbroking & EAS could have demanded cash settlement for their accounts but chose the oppies scenario instead.