Ann: Entitlement Offer Closes Significantly Oversubscribed, page-42

We all keep learning, don’t worry there’ll be another opportunity. Lpd Rights or another stock.
I sacrificed $2-$3k per million to get hold of the Options by selling heads, and buying Rights and exercising them. Even if it costs money, the 2 year expiration is very compelling.

So here’s the opportunity STARING us in the face.** What you can do is queu a buy order for LPDOA and I guess these will be very valuable. Buy 2 or 4m at .004 or .005 it’s worth a punt, think leverage. This is not advice, just a scenario, Sell 350k LPD for $10k, buy 2m LPDOA for .005 each. It’s almost as good as getting the Rights and converting to avail of free options. If LPD is 15c in sep 2020, you make $200k on that $10k outlay for the 2m LPDOA. Once the heads reach conversion parity, options will attract a higher premium, I won’t be surprised if it easily reaches 1c. There will always be people who sell cheap as it’s easy money so I’ve queued another 2m Buy.


**if Lpd will be less than 4.5 cents in sep2020, Options will be worthless, but unlikely as firstly, lmax has to be almost worthless too.