What they can do is offer mxcod option holders new options in a small CR lets say .005 option price expire end of 2020 for the 90 million options would work out to be $450 k
but only for current mxcod holders. It is hard to extend the option date without a valid reason.
Ann: Exercise of 6.5c Listed Options Tranche 1 - Appendix 3B, page-50
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