It would nice to see the 30,000,000 options at 20 cents converted by those that hold, once the sp gets well above the 20 cent mark
That would give the company an extra $6, Mil. Not to be sneezed at. Plus extra votes to keep MB at bay.
But I doubt that they will, it is easier to wait until the sp gets to say 80 cents and borrow the money for a month on the short term market, settle on the options and once they have the share certificates they sell enough to cover the money borrowed and they made a significant profit at minimal cost.
Does not assist the shareholder in the short term
782,525 Options $0.40 15/11/17
234,000 Options $0.41 15/11/17
30,494,002 Options $0.45 15/11/17
1,899,350 Options $0.475 15/11/17
393,900 Options $0.65 15/11/17
30,000,000 Options $0.20 01/09/19
CB
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