This announcement also says there were no underwriting agreements in place (see p2).
(I'm not sure re underwriting rules post raise, but they did have to get shareholder approval at a later date for the 6 & 9 month oppies. Then they recently reached a shortfall underwriting agreement).
Furthermore - we're now 6 weeks away from the CNs hitting their conversion date - also at 0.011. So I'm wondering if the exercising/not exercising of these options by Jeff, might give a slight hint as to whether the CNs convert or not.
Whilst not much appears to be happening, maybe it is?
VOR Price at posting:
1.2¢ Sentiment: Hold Disclosure: Held