these were part of the options with an 8c exercise price so another 40k in the kitty so seems that the holders of these can see the value in the conversion
15mil options not in the money at the moment 6,500,000 Options exercisable at 45 cents, expiring 30 May 2011 5,379,077 Options exercisable at 30 cents, expiring 10 October 2012 2,000,000 Options exercisable at 25 cents, expiring 11 May 2013 1,000,000 Options exercisable at 20 cents, expiring 30 November 2013
320mil in the money
259 mil approx @ 1.5c exercise price 2012 exp $3.9mil 61 mil approx @ 8c exercise price 2014 exp $4.9mil
debt free this month
$60mil+ in cash after debt payment
No Brainer Kids
Money1
SSN Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held