Bob, Option expiry means nothing. This Board can barely afford lunch, they'd take the option exercise funds if they could have.
Otherwise, its been 6wks since last update, which included raising cash to tide them over a short while. Those investors wouldn't have put in more money if they weren't sold on some upside. No news is not good, but its still within a timeframe of negotiating a deal. Keep in mind they couldn't announce any business combination or financing proposal until its locked in and all signed off, including perhaps the Board of any counter-party. Up until the day they otherwise announce that they're insolvent, then assume they are working to get some deal over the line.
The only thing for sure is that they haven't all just gone home and forgotten about the company, Directors can be personally liable if insolvent and trading, so assume they are currently trying to close some deal, albiet maybe struggling.
MKB Price at posting:
0.3¢ Sentiment: Buy Disclosure: Held
