Ann: Jewell Well - Operational Update, page-3

anyone got a take on today? seemed that there was a decent dump on brk shares which then resulted in some panic/residual selling for SHE. My maths on the recent BRK cr was that they received free options on a 4:1 basis. wonder if this explains some of the trading recently. for example lets say someone got in the cr for $100k, 3.33mil shares, then issued around 800k options. sell the shares break even, exercise the options at .011 roughly $9k then wait til the price hits 5c and sell all option shares for around $40k. make $30k in a month. now id assume most people that got in on the cr would have bought closer to 3x that. this would explain the dunps occuring on brk that are then causing selling on she. there is significant upside for both brk and she between now and the end of the year.it will be very interesting to see things play out