may seem a bit confusing if you go through the shares he holds now & what he bought/sold looking at all the numbers
in simple terms, he sold 4.166m shares @ 1.56c average which may seem "BAD" but he forked out $300K to convert 20m oppies to shares - so all in all he got 15m+++ extra shares now even after he sold 4.166m
that is almost 900K by the directors in converting the oppies... NOT BAD !!!
now what is needed to get the sp to 2c+++ ASAP so that we are all tempted to convert our WCNOE too??
Ann: Appendix 3Y - Daniel Smith, page-4
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