@Salubrious Yup they would have to extend, but I don't mind....

@Salubrious Yup they would have to extend, but I don't mind. Much better to be slow and steady instead of fast and reckless. Plus, the grant money will save us as well. Currently we have $6M in the bank, burn rate is around $400K a month. We could last roughly 5 quarters with just the cash we have. When you include government grant then you are getting another $3M for the financial year, therefore 7 quarters in total or roughly 2 years. I dunno bout y'all but 2 years is plenty of time to get (FDA and Kids app to commercialise).

There is only one concern I have found and that is the equity options expiring the following years. If the share price get around that area, perhaps a good idea would be to sell then. Nov-2023 is particularly dangerous as the payout is ((price at November 23 - exercise price)*no.of options per holder). Otherwise, if share price doesn't reach exercise price, the option contract is worthless and people investing in options would lose their investment.

	Date of Expiry	Exercise Price	number	Total Amount
1	3-Oct-21	$0.360	5,000,000	$1,800,000
2	22-Jul-22	$0.726	3,000,000	$2,178,000
3	9-Nov-23	$0.032	4,000,000	$128,000
4	30-Jun-22	$0.250	14,310,345	$3,577,586
5	31-Mar-24 - Employees	$0.225	3,000,000	$675,000