Redleaf value of $3.61 was before this deal. Smedley quotes...

Redleaf value of $3.61 was before this deal.
Smedley quotes $190m MC which is 4 to 5 times current MC .
He also mentions accelating white label deployment as well as looking at other aquisitions!
Of course this all won't happen before option expiry but even if the current SP just doubles (using $1.25 as current base) to around say $2.50 then options will be around $1.50 which is around 7.5 times (20c base). Hard to think there won't be some more news between now and option expiry. So at some time very soon the lid will come off imo and this will at least double. So it is hard to see that the options soon will fill that gap that is there atm. The more you read the more exciting this company is looking. Option strategy from here is to self fund conversion. Fingeres crossed it plays out! Have agreat weekend all!